Brief: Casino Sells 90 Shops To Les Mousquetaires And Auchan
May 31 (Reuters) - Casino Guichard Perrachon SA
CASP.PA :
* SALE OF 90 SHOPS TO THE GROUPEMENT LES MOUSQUETAIRES GROUP
AND
AUCHAN RETAIL FRANCE
* THE REMAINING 76 SHOPS WILL BE SOLD ON 1 JULY 2024
* TRANSACTION IS BASED ON AN ENTERPRISE VALUE OF STORES SOLD
OF
EUR 345 MLN
* TAKE OVER ALL EMPLOYMENT CONTRACTS OF EMPLOYEES ASSIGNED
TO
TRANSFERRED STORES AND SERVICE STATIONS
Source text for Workspace: ID:nGNERWC9B
Further company coverage: CASP.PA
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48587696600;))
Recent news on Rallye SA
See all newsBrief: Casino Announces Progress Of Project To Adapt And Strengthen Casino Group's Financial Structure
Brief: Supermarket retailer Casino: applied to open conciliation proceedings on debt issues
Brief: French supermarket retailer Casino: got extension on Quatrim debt consent
Brief: Casino Says Discussions With Creditors, FRH Are Continuing
Brief: Casino Says GPA Obtained Preliminary Injunction Prohibiting Casino From Disposing Indirectly Owned Shares