Green light to the takeover of 128 La Halle stores by Chausséa subject to condition

On 17 June 2020, Chaussea notified the Autorité de la concurrence of its plan to acquire 128 stores operating under the La Halle brand. The acquisition is in the context of the opening of a judicial reorganisation proceedings before the Commercial Court of Paris on behalf of the La Halle Group. On 26 June 2020, the Autorité de la concurrence exceptionally granted a derogation (see box), allowing Chaussea to proceed with the acquisition, without waiting for the final decision, which has now been issued by the Autorité.