Conditional Approval from Competition Board for CarrefourSA Transfer

The Competition Board has conditionally approved Yeni Mağazacılık's acquisition of CarrefourSA. The Board approved the transfer on the condition that a total of 48 stores, which raise competition concerns, be divested. This decision aims to limit the effects of concentration in the retail sector on competition. The sale of the designated stores is critical for the completion of the transfer process and for preserving a competitive market structure. If Yeni Mağazacılık fulfills these conditions, the transfer process will be finalized. Experts note that such conditional approvals are implemented to maintain market share balance in the sector. This is not investment advice.