CVC Joins Battle for Carrefour

BRUSSEL (Reuters) – Belgian supermarket group Delhaize (DELB.BR) faces competition from investment group CVC Capital Partners in a battle to acquire some Carrefour (CARR.PA) stores in Belgium, newspaper De Standaard reported on Friday.

Both parties are working intensively on the matter, the paper said.

“At least one player has already made a bid,” De Standaard cited a source familiar with the dossier as saying.

Delhaize Chief Executive Pierre-Olivier Beckers told Trends Magazine on Thursday that the group is interested in taking over some Carrefour stores if the French group decides to exit Belgium. (Reporting by Antonia van de Velde; editing by Simon Jessop)