Casino creditors signal “agreement in principle” on group takeover offer

by time news

2023-07-28 11:25:50

Casino Group’s creditors have reached an “agreement in principle” on the takeover bid made by Czech billionaire Daniel Kretinsky – backed by France’s Marc Ladreit de Lacharrière and British investment fund Attestor. However, the announcement of a possible rescue of the French retail group, sunk in debt, was poorly received by investors on the Paris Stock Exchange.
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