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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Casino Guichard Perrachon | EU:CO | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.0002 | -0.69% | 0.0287 | 0.0281 | 0.0293 | 0.0295 | 0.0281 | 0.0295 | 11,447,303 | 16:40:00 |
By Patrick Costello
Casino Guichard-Perrachon S.A. (CO.FR) said Monday that it acquired an initial stake in Lyf Pay as part of its wider partnership with the mobile payment-solution provider.
The French retailer said it purchased a 5% stake in Lyf's share capital following the development of various mobile payment services with Lyf Pay, including the Casino Max mobile app for use in Geant and Casino supermarkets in France.
The Lyf Pay mobile payments solution will continue to be rolled out across the Casino group's other supermarket chains in France over the next few months, including Le Petit Casino, Leader Price, Franprix, Monoprix and Naturalia, Casino said.
Write to Patrick Costello at Patrick.Costello@dowjones.com.
(END) Dow Jones Newswires
November 19, 2018 12:36 ET (17:36 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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