EVRY (dpa-AFX) - French grocery retailer Carrefour Group (CRERF.PK, CRRFY.PK, 0NPH.L) Friday said it has received the approval of the Competition Authority to acquire Dia France.
According to Carrefour, the acquisition will allow it to continue its multiformat expansion in its domestic market.
As per the agreement, Carrefour will acquire more than 800 stores and must then separate from 56 stores. The company expects the transaction to be completed in the coming weeks.
Copyright RTT News/dpa-AFX