Carrefour announced today that it has entered into exclusive negotiations with the Intermarché Group for the takeover of 31 stores.

The stores concerned represent 94,000 sq.m., or 0.3% of the total food retail sales area in France. It generated sales of around €400 million in 2022.

Under the terms of the agreement, Carrefour will take over from Intermarché the purchase of 26 stores from Casino, while the other five stores will be acquired directly from Intermarché.

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