Deals
Carrefour Could Turbocharge Blistering Start for French M&A
- French firms already involved in $7 billion of deals this year
- Carrefour, Atos could add over $55 billion to early 2021 haul
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Dealmaking in France is heating up, with potential deals involving grocer Carrefour SA and technology group Atos SE raising the prospect of a record-breaking start to the year.
French companies have already agreed to more than $7 billion of transactions in 2021, up nearly 300% from a year earlier, for the fastest start in nearly two decades. The volume has been driven by deals including Sanofi’s purchase of British biopharmaceutical developer Kymab for as much as $1.45 billion.