Shareholders representing about 57% of the share capital of Guyenne et Gascogne have undertaken to tender their shares to the offer, of which about 50% of the share capital to the secondary option in shares.
Carrefour’s Board of directors has approved a proposed cash tender offer for the shares of Guyenne et Gascogne, with a secondary option in shares.
Guyenne et Gascogne has been a long?term partner of Carrefour since 1966 in Southwest France. This project is an extension of this partnership, enabling the Carrefour group to consolidate its market.
Source: Carrefour
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