carrefour reached an agreement with belgian retail group louis delhaize to acquire the cora and match banners in france for 105 billion euros 116 billion a deal the group said will bolster its food retail standing in its domestic market the french grocer said wednesday that the deal carries potential synergies of eur110 million for earnings before interest taxes depreciation and amortization on an annual basis three years after completion which is expected in the summer of 2024 the transaction will also bolster carrefours adjusted earnings per share from year one cora and match made eur52 billion in 2022 sales the brands operate 60 hypermarkets and 115 supermarkets respectively and count some 24000 employees in france with the acquisition of the cora and match banners carrefour is announcing its first major acquisition in france in more than twenty years and consolidates its leading position in food retail in its domestic market carrefour chief executive alexandre bompard said