03:32 AM EDT, 10/19/2026 (MT Newswires) -- Belgian retailer Colruyt Group (COLR.BR) received a binding offer from French peer Carrefour (CA.PA) to acquire its wholesale unit, Codifrance, for 152 million euros in cash. The Belgian retailer said Monday it will decide whether to exercise the put option for the proposed sale following consultations with employee representatives. The transaction, which remains subject to French competition approval, is expected to close in the first semester of 2027. Codifrance generated revenue of 310 million euros for fiscal 2026. Colruyt expects to record a "one-off positive effect" upon completion of the sale.

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