FRANCE: Leclerc loses appeal over supplier payments

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Summary: Leclerc has lost its appeal against a court decision ordering its purchasing arm, Galec, to reimburse "discounts" of EUR23.3m (US$38.5m) which it received from a group of some 28 suppliers. Read the complete article…

Word count: 200

Date: 4 November 2009

Source: Stuart Todd

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