Casino Group: Casino Group has completed the sale of 3 hypermarkets to Leclerc members and received 38 million euros
May 29 2019 - 11:40AM
Casino Group: Casino Group has completed the sale of 3 hypermarkets
to Leclerc members and received 38 million euros
Casino Group has completed the sale of 3
hypermarkets to Leclerc members and received 38 million
euros
Paris, May 29th 2019
Following the signature in January 2019 of purchase agreements
with Leclerc members, Casino Group announces that it has completed
the sale transactions for the Castelnaudary (11), Anglet (64) and
Castres (81) hypermarkets.
On this occasion, Casino received 38 million euros.
Other disposals are continuing according to plan, with Casino
Group reminding that these hypermarket disposals are separate from
the non-strategic assets disposal plan announced on 11 June 2018
and extended to €2.5 billion on 14 March 2019.
In parallel with these reductions in sources of loss, the Géant
banner is continuing its transformation, in line with its strategic
priorities by focusing its development on digital synergies
(deployment of the Casino Max application and Cdiscount corners)
and by expanding its organic offer.
ANALYST AND INVESTOR
CONTACTSRégine Gaggioli – +33 (0)1 53 65
64 17 rgaggioli@groupe-casino.fror
+33 (0)1 53 65 24 17
IR_Casino@groupe-casino.fr
PRESS
CONTACTSCasino Group – Direction
of CommunicationStéphanie ABADIE -
sabadie@groupe-casino.fr - +33 (0)6 26 27 37 05
or
+33(0)1 53 65 24 78 -
directiondelacommunication@groupe-casino.fr
Agence IMAGE 7Karine
ALLOUIS - +33(0)1 53 70 74 84 - kallouis@image7.fr
Grégoire LUCAS - gregoire.lucas@image7.fr
Disclaimer
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. It should not be regarded by
recipients as a substitute for the exercise of their own judgement.
All the opinions expressed herein are subject to change without
notice.
- 2019 05 29 - PR - Casino Group has completed the sale of 3
hypermarkets to Leclerc members
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