French retailer Casino sells 3% stake in Mercialys
09/12/2021 19:11
PARIS, Dec 9 (Reuters) - French retailer Casino CASP.PA
said on Thursday it had completed the sale of a 3% equity stake
in commercial property company Mercialys, cashing in 24 million
euros ($27.10 million).
The sale, made through a total return swap (TRS) of maturity
March 2022, reduces Casino's stake in Mercialys in terms of
voting rights to 16.9% from 16.9%, the statement said.
($1 = 0.8857 euros)
(Reporting by Dominique Vidalon)
((dominique.vidalon@thomsonreuters.com; +33149495432; Reuters
Messaging: dominique.vidalon.reuters.com@reuters.net))