French antitrust authority said on Thursday it had approved the acquisition by Carrefour of the French business of Belgian retailer Louis Delhaize on the condition that eight stores would be sold to competitors.

The French competition authority Autorité de la Concurrence has given its approval to Carrefour to acquire the French operations of retailer Louis Delhaize. The authority conducted a thorough analysis and concluded that the merger is unlikely to create an unfair advantage in terms of Carrefour's buying power for consumer goods,

The French antitrust authority approves Carrefour's acquisition of Louis Delhaize's French operations, contingent on selling eight stores. Carrefour plans to finalize the sale of these stores by 2025.