Auchan-ITM food-retail joint venture to be reviewed in France
( June 1, 2026, 13:38 GMT | Official Statement) -- MLex Summary: Plans by Auchan and ITM Entreprises to form a joint venture that would run more than 160 food-retail shops under the Intermarché or Netto banners in mainland France will be assessed by the French competition authority, after the European Commission referred the deal. The stores are currently controlled by Auchan. The European Commission said that France's Autorité de la concurrence was best placed to examine the deal.The statement is attached. ...
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