By  on September 24, 2018

PARIS — Tensions in the heated French grocery market rose to new levels Monday, with Carrefour SA issuing a terse denial that it had approached domestic rival Groupe Casino with an eye to a merger.

“Carrefour denies having solicited Casino and is surprised that Casino’s board of directors would have been submitted a merger proposal that doesn’t exist,” said the world’s second largest retailer after Walmart.

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