PARIS (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)
