Supermarket Super de Boer, owned by French retail group Casino, has received an acquisition offer from family-owned Dutch grocer Jumbo worth €482m.

The board of Super de Boer are assessing the offer, while Casino, which owns about 57% of Super de Boer’s shares, supports the offer.

If completed, the deal would represent the complete withdrawal of Casino from the Netherlands, while Jumbo would become the country’s second-largest retailer.

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