Confirmation of a repayment to Quatrim secured bondholders Paris, 3 October 2024 Following the sale on September 26, 2024 of a portfolio of real estate assets1, Casino Group announces that it has made yesterday a payment of €198.7m to holders of the secured bonds of its subsidiary Quatrim, including €190.4m in principal and €8.3m in accrued interest. The nominal amount of Quatrim's secured bonds has thus been reduced to €300.5m. In addition, an interest payment will take place on October 7 for a
Casino Group completes two waves of store disposals Paris, 2 October 2024 Following the agreements reached on 26 May 2023, Casino Group announces that it has sold its controlling 51% stake in 60 stores1 to Groupement les Mousquetaires on 30 September 2024. Groupement les Mousquetaires already holds a 49% stake in these stores from 30 September 2023. *** Following the agreements communicated on 22 June 2024, Casino Group announces the completion yesterday of the acquisition by Rocca Group of 100%
Paris, 30 September 2024 Casino Group continues its transformation On 24 April 2024, Casino Group launched a transformation plan to align its organisation with its new scope, centred on convenience retailing. Agreements have been signed with the trade unions in the 7 Group host companies concerned by the employment protection plan, and have been validated by management. Most of the entities concerned have initiated employment protection plans, including voluntary redundancy and in-placement sche