Carrefour S.A., FR0000120172

Carrefour bids EUR 155 million for Codifrance as Carrefour stock sits 12.09 percent below its high

Published on 10/05/2026 at 13:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Carrefour placed EUR 500 million bonds at a 4.25 percent coupon. Carrefour stock costs EUR 15.42 on October 5, 2026 after EUR 15.34.

Carrefour FR0000120172 Bauhaus-Poster geometrisches Karo-Muster Rot-Blau-Weiß HYPERMARCHÉ — Bauhaus-Poster mit Karo-Muster repräsentiert Carrefour, ISIN FR0000120172, abstrakte Hommage an französische Hypermärkte als Marktplatz, Illustration mit AI erstellt.

Carrefour stock sits 12.09 percent below its 52-week high as Carrefour bids EUR 155 million for Codifrance. Boursorama reported on September 29, 2026 that the retailer had offered EUR 155 million for the Colruyt-owned neighborhood wholesaler. The reported move would deepen Carrefour's reach in small-format grocery retail.

Codifrance adds 3,000 stores

The reported proposal covers Codifrance and a network supplying 3,000 neighborhood stores, including Coccimarket and Coccinelle. Boursorama said the plan includes taking on 500 employees and two logistics facilities for 18 months. Codifrance generated EUR 300 million in revenue in 2025, giving the reported offer a concrete operating scale.

The strategic logic is local distribution. Carrefour would gain a supply platform for independent neighborhood stores, while the reported arrangement could keep franchisees closer to the group's own purchasing network.

Debt funding remains part of the picture

Carrefour also placed EUR 500 million of bonds on September 18, 2026, with a 4.25 percent coupon and maturity in May 2032. Zonebourse reported that the proceeds would fund general corporate needs and debt refinancing. The financing adds context to any acquisition discussion because the proposed Codifrance price equals 31.00 percent of the bond issue.

The next scheduled operating update is third-quarter 2026 sales on October 20, 2026. The date places the reported acquisition discussion alongside a near-term sales checkpoint, which may help investors judge whether Carrefour's small-format strategy is translating into current trading momentum.

Carrefour stock stays below its high

Carrefour was trading at EUR 15.42 at Lang & Schwarz on October 5, 2026 at 1:31 p.m. CEST, up 0.52 percent versus the prior close of EUR 15.34. The 52-week range was EUR 12.57 to EUR 17.54, while market capitalization was EUR 10.9 billion on October 5, 2026. The average analyst target stood at EUR 16.88 on October 3, 2026, placing the target 9.47 percent above the Lang & Schwarz price.

The further course of trading is shown by the continuously updated real-time quote of Carrefour stock.