M&A Activity • Nov 30, 2023
M&A Activity
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Paris, 30 November 2023
Further to rumors reported in the press, the Casino group confirms that it has received preliminary indicative offers from several purchasers for different hypermarket and supermarket perimeters. In the context of the ongoing competitive process, and in order to protect its legitimate interests, the group will not give any details on the content of the offers currently being examined.
It is specified that any disposal transaction should require the prior approval of the consortium (EP Equity Investment III s.à.r.l, Fimalac and Trinity Investments Designated Activity Company) in accordance with the lock-up agreement dated 5 October 2023.
This press release was prepared solely for information purposes and should not be construed as a solicitation or an offer to buy or sell securities or related financial instruments. Likewise, it does not provide and should not be treated as providing investment advice. It has no connection with the specific investment objectives, financial situation or needs of any receiver. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein. Recipients should not consider it as a substitute for the exercise of their own judgement. All the opinions expressed herein are subject to change without notice.
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Christopher WELTON - [email protected] - Tel: +33 (0)1 53 65 64 17
or
IR\[email protected] - Tel: +33 (0)1 53 65 24 17
Groupe Casino – Communications Director
Béatrice MANDINE – [email protected] - Tel: + 33 (0)6 48 48 10 10 or
[email protected] - Tel: + 33(0)1 53 65 24 78
Karine Allouis - [email protected] - Tel: +33 (0)6 11 59 23 26 Laurent Poinsot - [email protected] - Tel: + 33(0)6 80 11 73 52 Franck Pasquier - [email protected] - Tel: + 33(0)6 73 62 57 99
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