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Couche-Tard won't continue to pursue Carrefour deal

Alimentation Couche-Tard has ended an effort to acquire French grocery chain Carrefour and instead will pursue a less formal partnership in several areas, including branding, distribution and fuel sales. The proposed deal, which had been valued at $20 billion, was dropped after the companies failed to convince Finance Minister Bruno Le Maire that a merger would be good for France.

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