ROMANIA: Regulator Approves Carrefour-Billa Deal

The Romanian Competition Council has approved Carrefour’s acquisition of Rewe’s local Billa network, after that the French group agreed to sell three stores.

The decision means Carrefour will end up with 83 stores spread across the country, adding to its existing 138 outlets.  The deal will help the French giant to consolidate its presence in Romania, and boost its multi-format offer.