Rallye

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.

Groupe Casino Agrees Tax Deferment Deal With French Government

France's Groupe Casino has reached an agreement in principle with the French government to defer payment of the group's tax and social security liabilities...

Casino Bankruptcy Event 'Has Not Occurred', Says CDS Committee

A European derivatives committee said on Monday that a bankruptcy credit event has not occurred in relation to France's debt-laden Groupe Casino, dashing i...

Shares In French Retailer Casino Slump After Moody's Downgrade

Shares in French retailer Casino slumped by around 15% on Friday after rating agency Moody's downgraded several of the group's credit ratings, citing marke...

Fimalac To Provide New Financing For Casino's Holding Company

French financial group Fimalac has agreed to provide new financing facilities for Rallye, the holding company behind supermarket retailer Casino which...

Kretinsky Tightens Tie With France's Casino In Rallye Deal

Czech businessman Daniel Kretinsky has tightened his ties with French retailer Casino by refinancing derivatives deals struck by its indebted parent Rallye...