Coop Alsace

Following negotiations started in October 2013, it is reported that Coop Alsace’s Board of Directors has decided to accept Carrefour’s offer to acquire 129 of its convenience stores. A price for the deal has not yet been revealed, according to sources. The operation is part of a recovery plan aimed at strengthening Coop Alsace’s position, with the company facing a debt of €140 million ($191 million) and losses of €25 …