• 11/25/2024

Casino Gets €1.1 Billion Approach From Teract Founders

Wall Street Journal

Casino has received an offer for a capital injection of €200-€300 million from a group of businessmen, who said they intend to raise additional funds on behalf of the French grocer from other partners and interested existing creditors.

https://www.wsj.com/articles/casino-gets-rival-1-19-billion-rescue-bid-from-teract-founders-6a2ac83b