Tag: FR:CO

Casino Confirms It Has Received Expressions of Interest for the Sale of Stores
World

Casino Confirms It Has Received Expressions of Interest for the Sale of Stores

Casino Guichard-Perrachon said that it has received preliminary expressions of interest for the acquisition of hypermarket and supermarket stores.The company and a consortium led by EP Equity Investment will analyze these expressions of interest in the coming weeks, the French supermarkets owner said on Monday, as any disposal is subject to the approval of the consortium according to the lock-up agreement of Oct. 5.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Casino Slashes Earnings Forecasts
World

Casino Slashes Earnings Forecasts

Casino cut back its French sales and earnings projections through 2028, with underlying profit seen at €401 million next year, following a review of its units, energy costs and actions taken as part of its financial restructuring.