02.02.2024 19:23:51

Casino Group: Update on the conditions precedent to the financial restructuring

Update on the conditions precedent to the financial restructuring

Paris, 2 February 2024

Casino announces that the anti-trust authorities of Serbia, Northern Macedonia, Morocco and Kosovo issued decisions authorising, under merger control, the acquisition of control of the Group as part of the financial restructuring by the consortium (composed of EP Equity Investment III s.à r.l., Fimalac and Attestor), it being specified that the consortium's acquisition vehicle will be controlled by EP Equity Investment III s.à r.l., a company controlled by Mr Daniel Kretínský (the "Transaction”).

Casino also announces that on 2 February 2024 the European Commission issued a decision authorising the Transaction under the Foreign Subsidies Regulation.

Lastly, the Luxembourg Insurance Authority has authorised the change of indirect control of Casino RE (the Group's reinsurance subsidiary).

The Group recalls that the completion of its financial restructuring remains subject only to the approval of the accelerated safeguard plans of Casino Finance, DCF, CPF, Quatrim, Monoprix and Ségisor by the Paris Commercial Court.

This press release was prepared solely for information purposes and should not be construed as a solicitation or an offer to buy or sell securities or related financial instruments. Likewise, it does not provide and should not be treated as providing investment advice. It has no connection with the specific investment objectives, financial situation or needs of any receiver. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein. Recipients should not consider it as a substitute for the exercise of their own judgement. All the opinions expressed herein are subject to change without notice.

***

ANALYSTS AND INVESTORS CONTACTS

Christopher WELTON - cwelton.exterieur@groupe-casino.fr - Tel: +33 (0)1 53 65 64 17
or
IR_Casino@groupe-casino.fr - Tel: +33 (0)1 53 65 24 17

PRESS CONTACTS

Groupe Casino – Communications Director

Stéphanie Abadie - sabadie@groupe-casino.fr – Tél : +33 (0)6 26 27 37 05
or
directiondelacommunication@groupe-casino.fr - Tel: + 33(0)1 53 65 24 78

Agence IMAGE 7

Karine Allouis - kallouis@image7.fr - Tel: +33 (0)6 11 59 23 26

Laurent Poinsot - lpoinsot@image7.fr - Tel: + 33(0)6 80 11 73 52

Franck Pasquier - fpasquier@image7.fr - Tel: + 33(0)6 73 62 57 99

Attachment


Nachrichten zu Casino Guichard-Perrachon et Cie. S.A.mehr Nachrichten

Keine Nachrichten verfügbar.

Analysen zu Casino Guichard-Perrachon et Cie. S.A.mehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!