Casino Signs Deal to Sell R2C to Compass Group
14 Février 2019 - 8:22AM
Dow Jones News
By Anthony Shevlin
Casino Guichard-Perrachon SA (CO.FR) said Thursday that it has
signed a deal with Compass Group PLC (CPG.LN) for the sale of its
contract catering services R2C.
The French retailer didn't provide any financial details but the
transaction is expected to be completed by the end of the first
half of 2019.
Casino said the deal is part of its initiative to significantly
increase its profitability and strengthen its financial
profile.
Write to Anthony Shevlin at anthony.shevlin@dowjones.com;
@anthony_shevlin
(END) Dow Jones Newswires
February 14, 2019 02:07 ET (07:07 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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