Casino Guichard Perrachon (CO)

  1.16
   
  • Change Today:
     0.01
  • 52 Week High:  3.98
  • 52 Week Low:  0.03
  • Currency: Euro
  • Shares Issued: 109.73m
  • Volume: 24,979
  • Market Cap:  126.91m

EU gives Kretinsky consortium green light for Casino takeover

By Frank Prenesti

Date: Monday 08 Jan 2024

LONDON (ShareCast) - (Sharecast News) - The European Commission has given the go-ahead for a consortium led by Czech billionaire Daniel Kretinsky to take control of debt-laden retailer Casino as part of its restructuring, the company said on Monday.
The deal is still subject to extra regulatory approval including authorisation from the French finance ministry under foreign investment rules, and a waiver from the stock market regulator to avoid starting formal public takeover proceedings.

Kretinsky's consortium will own and control 53.7% of Casino shares after the restructure is completed. The proposal includes a debt restructuring of €7.9bn.

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CO Market Data

Currency Euro
Share Price   1.16
Change Today   0.01
% Change 1.10 %
52 Week High  3.98
52 Week Low  0.03
Volume 24,979
Shares Issued 109.73m
Market Cap  126.91m

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 0
Sell 3
Strong Sell 1
Total 4
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Trades for 22-Nov-2024

Time Volume / Share Price
09:04 1 @  1.16
09:01 100 @  1.16
09:01 978 @  1.16
09:01 564 @  1.16
09:01 2,902 @  1.13

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