Investment Education

Investing.com -- Alexandre Bompard, the CEO of Europe’s largest food retailer, Carrefour (EPA: CARR ), stated on Wednesday that the company does not require a major transformative deal to stimulate its growth. According to Bompard, Carrefour has substantial potential to expand as an independent entity.

Bompard was asked to comment on a recent media report suggesting that Ahold Delhaize, another retailer, had preliminary discussions about acquiring Carrefour in late 2024. However, the idea was reportedly abandoned in January. Bompard refrained from commenting on these rumors, stating that he couldn’t discuss such matters.

However, he did acknowledge that these rumors highlight the appeal of Carrefour as a company. Bompard’s statement underscores the company’s confidence in its stand-alone potential and its attractiveness to other retailers.

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