Brief: Casino Initiates Statutory Buyout Proceedings To Acquire All Issued Shares In Cnova

Cnova NV

17/10/2024 17:51

Oct 17 (Reuters) - Casino Guichard Perrachon SA
 CASP.PA :
    * INITIATED STATUTORY BUYOUT PROCEEDINGS TO ACQUIRE ALL
ISSUED
SHARES IN CNOVA
    * BUYOUT PRICE OF EUR 0.09 PER SHARE
    * DIRECTLY AND INDIRECTLY HOLDS 341.2 MILLION CNOVA SHARES,
I.E.
98.83% OF SHARE CAPITAL AND VOTING RIGHTS
    * CASINO WILL CONTEMPLATE TO ASK FOR DELISTING OF CNOVA'S
SHARES
FROM EURONEXT PARIS
    * TIMING OF OPERATIONS WILL DEPEND ON LEGAL PROCEEDINGS WITH
ENTERPRISE CHAMBER

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