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Share Name Share Symbol Market Type
Carrefour EU:CA Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.235 -1.32% 17.625 17.60 17.80 17.975 17.605 17.865 3,965,568 16:40:00

Carrefour, Tesco Decide Not to Extend Buying Alliance

07/06/2021 7:57am

Dow Jones News


Carrefour (EU:CA)
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By Joshua Kirby

 

Carrefour SA and Tesco PLC will not extend a purchasing alliance agreement when it ends this year, the two grocers said Monday.

France's Carrefour and U.K. peer Tesco in 2018 agreed to join together in a three-year purchasing alliance, which will end on Dec. 31 this year.

The partnership has enabled access to new suppliers, sources and products but the two companies will now focus on their own opportunities, the pair said.

 

Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby

 

(END) Dow Jones Newswires

June 07, 2021 02:55 ET (06:55 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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