of Carrefour by Canada's Alimentation Couche-Tard on Friday, January 15, driving the French retailer's shares down by 4.5%.
Carrefour, which acknowledged Couche-Tard's approach to discuss a combination on Wednesday, January 13, had no immediate comment on Friday. Carrefour CFDT union representative Sylvain Mace told BFM business that staff were"surprised and a bit worried" by the offer, which raised concerns over jobs and the future management of the French retailer.UBS analysts said Carrefour shares were now pricing a low 20% probability of a deal happening.
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