Casino: authorization by the French Ministry of the Economy
The consortium's acquisition vehicle (France Retail Holdings) will be controlled by EP Equity Investment III, a company controlled by Daniel K?etínský.
Casino points out that the completion of its financial restructuring remains subject to the decisions of the competition authorities, the authorization by the European Commission under the Foreign Subsidies Regulation, the authorization by the Luxembourg Insurance Authority of the indirect change of control of Casino RE (the Group's reinsurance subsidiary) and the approval of the accelerated safeguard plans of Casino, Casino Finance, Distribution Casino France, Casino Participations France, Quatrim, Monoprix and Ségisor by the Paris Commercial Court.
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