By Cristina Roca 
 

Casino Guichard-Perrachon SA (CO.FR) has agreed to sell six Geant hypermarkets in France for a total of 100.5 million euros ($114.2 million), the company said on Saturday.

The supermarket chain said it has signed an agreement with Groupement E. Leclerc, a French hypermarket chain, for the sale of the Geant hypermarkets, which it said were loss-making in 2018.

The disposal should take place in the first half of 2019, Casino said.

 

Write to Cristina Roca at cristina.roca@dowjones.com; @_cristinaroca

 

(END) Dow Jones Newswires

January 21, 2019 01:26 ET (06:26 GMT)

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