Casino – Teract: Intermarché is joining the fray Europe Interrupting a proposed merger between Casino and Teract, Intermarché is joining the fray. The firm wants to take over about 100 Casino French supermarkets to gain 0.7% market share. This is dismantling for the Casino group.
Beauty : L’Oréal adds Aesop to its portfolio of luxury brands Americas In search of cash, Brazilian beauty retailer Natura & Co had been looking to sell a gold nugget called Aesop since February.…
Leroy Merlin wants to give up control in Russia Europe On 24 March, Adeo announced an intention to “cede control” of 113 Russian Leroy Merlin stores.…
Couche-Tard consolidates in Europe via a US$3.3 billion buyout Europe Taking advantage of TotalEnergies' withdrawal from petrol stations, the Canadian company Couche-Tard is filling the space and expanding operations in Germany, the Netherlands, Belgium and Luxembourg.
In search of cash, Natura & Co may sell its Aesop nugget Americas Under the leadership of new C.E.O. Fabio Barbosa, appointed last June after the resignation of Roberto Marques, the international beauty group Natura & Co is considering selling all or part of the Aesop brand. Valued at US$2 billion, this disposal would bail out the group's finances.
Unibail-Rodamco-Westfield continues to reduce debt and refocuses on Europe Europe Five years after the acquisition of Westfield, URW is accelerating a sale of assets in the U.S.A. to reduce debts.
Poland. The convenience store giant Zabka to be nationalised Europe The Polish government announced an intention to acquire the country’s leading convenience store chain, Zabka (8,000 franchise stores, 2021 turnover of US$2.5 billion,…
Kroger-Albertsons: US$24.6 billion merger to create a customer data giant Americas In the U.S.A., the food retailer Kroger announced the purchase of competitor Albertsons on 14th October 2022. While this deal looks defensive in the short term, it is also offensive in the long term.
Free Couche-Tard: France blocks €16.1 billion bid for Carrefour Europe The Canadian Couche-Tard‘s offer of €20 per Carrefour share was rejected by the French government, citing food security and employment issues.…
