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Jan 18 (Reuters) - European stocks slipped on Monday as
French retailer Carrefour tumbled after ending 16.2 billion euro
($19.57 billion) merger talks with Alimentation Couche-Tard,
with worries about a slow economic recovery keeping investors on
edge.
The pan-European STOXX 600 index .STOXX slipped 0.2% by
0810 GMT, extending losses from Friday when the benchmark index
snapped a four weeks of gains.
A better-than-expected quarterly rebound for China's economy
failed to excite investors who feared that soaring COVID-19
cases and tight restrictions in continent could dent growth in
the first quarter. Carrefour CARR.PA fell 5.9% in early deals after its
takeover talks with Canada's Alimentation Couche-Tard ATDb.TO
failed and the two sides decided to work on partnership
opportunities. The stock had shed nearly a third of its gains after the
French government opposed the deal last week.
Shares in carmaker Stellantis STLA.PA STLA.MI rose
almost 3% in its first day of trading in the Paris stock market
on the completion of merger between Fiat Chrysler and PSA.