Dutch retailer Super de Boer said this morning (18 September) that it had received a takeover bid from privately-owned local peer Jumbo Supermarkets.
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Super de Boer said its board was in talks with Jumbo over the offer, worth EUR4.20 (US$6.17) a share.
Groupe Casino holds a 57% stake in Super de Boer and the French retail giant would back the offer – if the bid receives the backing of the Dutch firm’s board.
Earlier this week, Super de Boer reported a dip in third-quarter sales – although the company’s chief insisted he was “satisfied” with the results.
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