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After encountering strong resistance from the government of France, Alimentation Couche-Tard聽has scrapped an approximately $20 billion effort to buy Carrefour SA, Reuters reported. Alimentation Couche-Tard said in a statement that preliminary discussions around a transaction were no longer continuing. However, the companies opted to extend their talks to look at partnerships, according to the statement.Some of the possible collaboration efforts involve teaming up on private labels and pooling buying volumes, among others.The discussed areas for cooperation align with our five-year strategic plan, as well as our commitment to strengthening our core convenience and fuel business and pursuing opportunities in multiple, related growth platforms, Couche-Tard President and CEO Brian Hannasch said in the statement.Carrefour Chairman and CEO Alexandre Bompard said that developing innovative collaborations is an essential part of the companys transformation strategy. The promising partnerships anticipated with North American leader Couche-Tard is fully align <a href=https://www.cups-stanley-cups.ca>stanley cup</a> ed with this strategy, which has enabled us to return <a href=https://www.stanleycups.co.nz>stanley cup nz</a> to a profitable growth path, Bompard added.Couche-Tard stated that it is the leader in the Canadian convenience store industry and that its the biggest independent C-store operator in the U.S. when it comes to the number of company-operated locations. Th <a href=https://www.cups-stanley.uk>stanley cup</a> e company had just over 9,260 C-stores across North America as of Oct. 11 of this year.The firm said it is Chtk Banks Aggressively Push Peer-to-Peer Loans
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