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ANCTF - Carrefour: Couche-Tard Deal Falls Through Outlook Remains Unchanged
February, 04 2021 01:20 PM
Alimentation Couche-Tard Inc
The Couche-Tard-Carrefour deal has been called off following opposition by the French government. Instead, both parties will be evaluating operational partnership opportunities. The outcome came as little surprise considering the limited strategic rationale. However, the sizeable deal premium, even without meaningful synergies, helps underpin the Carrefour valuation. For further details see:
Carrefour: Couche-Tard Deal Falls Through, Outlook Remains Unchanged
Stock Information
Company Name:
Alimentation Couche-Tard Inc
Stock Symbol:
ANCTF
Market:
OTC
Website:
corpo.couche-tard.com
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