Casino Group: Real estate disposals
December 03 2024 - 12:10PM
UK Regulatory
Casino Group: Real estate disposals
Casino Group sells €77m of real estate
assets to
Groupement Les Mousquetaires
Paris, 3 December 2024
Casino Group has signed a binding agreement to
sell a portfolio of 69 real estate assets to Groupement Les
Mousquetaires, consisting mainly of car parks, service stations,
supermarket premises and ancillary lots adjoining stores now
operated by Groupement Les Mousquetaires.
The sale price of €77m is due to be received in
the first half of 2025.
This transaction will reduce Casino Group's
financial debt to the bondholders of its subsidiary Quatrim.
This communication is for informational
purposes only under the current applicable laws and regulations,
and is neither an offer to sell nor a solicitation of an offer to
buy the securities described herein, nor shall there be any sale of
these securities in any jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such
jurisdiction.
***
ANALYSTS AND INVESTORS
CONTACTS
Charlotte IZABEL -
cizabel@groupe-casino.fr - Tél : +33 (0)6 89 19 88 33
IR_Casino@groupe-casino.fr - Tél : +33 (0)1
53 65 24 17
PRESS CONTACTS
Casino Group – Communications
Department
Stéphanie ABADIE -
sabadie@groupe-casino.fr - Tél : +33 (0)6 26 27 37 05
directiondelacommunication@groupe-casino.fr -
Tél : + 33(0)1 53 65 24 78
- 2024 12 03 - PR - Real estate disposals
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