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Groupe Parfait's compliance with French merger approval under probe

( December 16, 2024, 17:15 GMT | Official Statement) -- MLex Summary: Groupe Parfait's compliance with the French competition authority's conditional approval for its acquisition of Géant Casino La Batelière hypermarket in Martinique has drawn scrutiny. Groupe Parfait had said it would divest the business of the La Batelière hypermarket and maintain its value until that's done. Two French officials travelled to the island to investigate whether that happened. The authority could fine the company or withdraw the approval decision if Groupe Parfait failed to comply. The statement follows....

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