At the end of an exclusivity period which was renewed on April 24 and ends today, TERACT and the Casino group have decided, by mutual agreement, not to pursue their discussions.

TERACT and Casino had entered into exclusive discussions aimed at creating a French leader in responsible and sustainable distribution, potentially leading to the combination of the two groups' distribution activities in France and the establishment of common supply chains.

The Casino Group and TERACT nevertheless remain open to discussions on a potential operational partnership, which could cover bakery, viennoiserie & patisserie products and also include the conclusion of a contract with TERACT for the development of fruit and vegetable supply chains.

The group points out that the conciliation procedure opened on May 25, 2023 for Casino Guichard Perrachon SA and certain of its subsidiaries is proceeding according to schedule.

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