Groupe Casino: Sale of GreenYellow
13 Mai 2024 - 8:00AM
Groupe Casino: Sale of GreenYellow
Sale of GreenYellow
Paris, 13 May 2024
The Casino Group announces that it has reached
an agreement with Ardian and Bpifrance to sell its 10.15% stake in
GreenYellow. As an essential and decisive condition of this
transaction, all amounts owed between the Casino Group and
GreenYellow, resulting notably from the sale of hypermarkets and
supermarkets to Groupement Les Mousquetaires and Auchan, which had
been authorized under the accelerated safeguard procedure, will be
settled.
The net proceeds from this sale, which will be
effectively received by Casino, will amount to approximately 46
million euros.
The Group will no longer hold any stake in
GreenYellow following this transaction, which is expected to be
completed by the end of May 2024.
***
This press release has been prepared for
information purposes only and should not be construed as a
solicitation or offer to buy or sell any securities or related
financial instruments. Similarly, it does not constitute, and
should not be treated as, investment advice. It has no regard to
the investment objectives, financial situation or particular needs
of any Receiver. No representation or warranty, express or implied,
is made as to the accuracy, completeness or reliability of the
information contained herein. It should not be considered by
recipients as a substitute for the exercise of their own judgment.
All opinions expressed in this document are subject to change
without notice.
ANALYSTS AND INVESTORS
CONTACTS
Christopher WELTON -
cwelton.exterieur@groupe-casino.fr - Tel: +33 (0)1 53 65 64 17
orIR_Casino@groupe-casino.fr - Tel: +33 (0)1 53 65
24 17
PRESS CONTACTS
Groupe Casino Communications
Stéphanie ABADIE -
sabadie@groupe-casino.fr – Tel: +33 (0)6 26 27 37
05ordirectiondelacommunication@groupe-casino.fr - Tel: + 33(0)1 53
65 24 78
Agence IMAGE 7
Karine Allouis - kallouis@image7.fr - Tel: +33
(0)6 11 59 23 26
Laurent Poinsot - lpoinsot@image7.fr - Tel: +
33(0)6 80 11 73 52
Franck Pasquier - fpasquier@image7.fr - Tel: +
33(0)6 73 62 57 99
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