We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.0017 | 5.92% | 0.0304 | 0.0298 | 0.0304 | 0.0304 | 0.0288 | 0.029 | 16,812,073 | 16:40:00 |
From May 2019 to May 2024
By Pietro Lombardi
Casino Guichard-Perrachon SA (CO.FR) is in talks with German competitor Aldi to sell its Leader Price chain of discount stores, the French retailer said late Thursday.
The company's statement confirms a report from French daily Les Echos and comes as the company is trying to tackle its debt burden. Its majority shareholder Rallye SA (RAL.FR) has entered into bankruptcy protection in France.
The talks, which started after Aldi sent an expression of interest for Leader Price, are aimed at the submission of a binding offer, Casino said.
No financial details were disclosed, but Les Echos said the deal could be worth more than 400 million euros ($441.9 million).
Last month Casino said that it had identified around EUR2 billion of assets in France that it intends to sell, in addition to a separate EUR2.5 billion disposal plan.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
September 20, 2019 01:56 ET (05:56 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Casino Guichard Perrachon Chart |
1 Month Casino Guichard Perrachon Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
