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French Grocer Auchan Weighs Fresh Bid for Rival Carrefour

  • Mulliez-owned Auchan said to discuss with funds for joint bid
  • French grocery market is seen as ripe for consolidation
Carrefour SA Hypermarket as Couche-Tard Said to Plan $3.6 Billion Investment
Photographer: Jeremy Suyker/Bloomberg
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French grocer Auchan is exploring a fresh attempt at a takeover of domestic rival Carrefour SA, people with knowledge of the matter said. 

Auchan has revived work on a potential deal for Carrefour after earlier negotiations collapsed in the autumn, the people said, asking not to be identified because the discussions are private. It has held talks with private equity firms including CVC Capital Partners about teaming up on a bid, according to the people.