Carrefour denies making bid approach for Casino

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France’s biggest supermarket group, Carrefour has denied approaching rival Casino over a possible tie-up.

That is despite Casino saying that its board had unanimously decided to reject a Carrefour approach.

However, Carrefour is adamant that no such approach was ever made.

Carrefour alleged that “difficulties” faced by Casino and its controlling shareholder might have prompted the “misleading and groundless communications” .

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