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Supermarket groups Carrefour and Tesco will not extend purchasing alliance

Mon, 07th Jun 2021 07:38

PARIS, June 7 (Reuters) - French supermarket group Carrefour
and its British peer Tesco said on Monday
they would not extend a purchasing alliance between the two
companies.

They said in a joint statement that "they have decided not
to extend their purchasing alliance beyond the three-year
operational framework agreed in 2018." The alliance formally
ends on Dec. 31, they added.

(Reporting by Sudip Kar-Gupta; Editing by Edmund Blair)

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