M&A Activity • Oct 18, 2022
M&A Activity
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Paris, 18 October 2022,
Casino Group announces that it has completed today the sale of GreenYellow to Ardian.
Casino Group's proceeds, net of the EUR 165 million reinvestment (i.e. stake of 15%), amount to EUR 600 million.
The Group has received today EUR 250 million (of which EUR 30 million paid into an escrow account to be released subject to compliance with certain operational indicators), in addition to the EUR 350 million pre-financing agreed with Farallon Capital on 20 September 2022.
Lionel BENCHIMOL – Phone number: +33 (0)1 53 65 64 17 [email protected]
or
+33 (0)1 53 65 24 17
Stéphanie Abadie - [email protected] - +33 (0)6 26 27 37 05
or
+33(0)1 53 65 24 78 - [email protected]
Karine Allouis – Phone number: +33(0)1 53 70 74 84 - [email protected]
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