Groupe Casino

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.

Groupe Casino To Continue Negotiations With Kretinsky's EP Global Commerce

Groupe Casino's board of directors have decided to continue negotiations with Daniel Kretinsky's investment vehicle EP Global Commerce a.s., as well as Fim...

French Retailer Casino's Shares Suspended As Kretinsky Looks Set To Take Control

Casino's shares were suspended shortly before the market open on Monday pending a company statement, as Czech billionaire Daniel Kretinsky appeared to be n...