Daniel Křetínský has pushed Casino’s management to sell the retailer’s largest stores months before his planned bailout, said three people with knowledge of the discussions, an outcome its ...
Casino chief questioned by police over financial manipulation and insider trading allegations. Jean-Charles Naouri’s questioning comes as retailer boss battles to save heavily indebted group ...
On 26th May 2023, Casino Group announced the opening of a conciliation procedure, following the agreement given by the President of the Paris Commercial Court, for the benefit of Casino Guichard-Perrachon SA and certain of its subsidiaries.
Historical player in the retail industry in France since 1898, No. 1 network of convenience stores and and No. 2 in e-commerce, the Casino groupe has more than 8,600 stores.
Casino Guichard-Perrachon SA reported a loss of €5.7 billion ($6.2 billion) for 2023, days after a group of creditors and investors won approval to take control of the embattled French retailer.
Shares of Casino Guichard-Perrachon CO -0.19% jumped Tuesday after a plan to raise funds through a consortium led by Czech billionaire Daniel Kretinsky received approval from the Paris...
French supermarket chain Casino is expected to begin official negotiations with creditors this week, as a group of wealthy investors circle the indebted retail empire built by Jean-Charles Naouri.
The tussle over the future of Casino Guichard-Perrachon SA is heating up, with telecom billionaire Xavier Niel and Czech entrepreneur Daniel Kretinsky among the big players circling the...