Groupe Casino

Kretinsky 'Pushed' France's Casino To Offload Stores Before Bailout: Report

Czech billionaire Daniel Kretinsky has pushed French retailer Groupe Casino's management to sell its largest stores ahead of his planned bailout, the Finan...

Groupe Casino Warns Of 2023 Losses For Core French Arm

Groupe Casino has warned of likely 2023 losses for its core French business, due to a slower than expected turnaround at its hypermarkets business and the...

Casino Seals Lock-Up On Debt Rescue Deal Led By Daniel Kretinsky

Groupe Casino has finalised a binding lock-up agreement to restructure its debt with creditors led by Czech billionaire Daniel Kretinsky.

Casino Seals Sale Of First Batch Of 61 Stores To Les Mousquetaires

Groupe Casino has completed the sale of a first set of 61 stores in France to Groupement Les Mousquetaires and has extended its purchasing alliance with th...

Retailer Casino Gets Waiver From Lenders On Financial Covenants

French retailer Casino, which recently agreed a long-awaited debt restructuring deal with creditors, said earlier this week that it got a waiver from credi...

Casino Seals Debt Restructuring Deal With Creditors

Cash-strapped French retailer Casino has entered into an agreement in principle with its creditors to strengthen its equity position and restructure its fi...

France's Groupe Casino Blames Price Cuts For First-Half Losses

Groupe Casino swung to a loss of €233 million for the first half of its financial year, as falling sales and price cuts at its hypermarkets and superm...

Lidl France Expresses Interest In Acquiring 600 Casino And Monoprix Stores: Reports

Lidl France is believed be interested in acquiring 600 stores operating under the Casino and Monoprix banners in the country, according to media reports.