Casino: proposed capital increase for GPA
GPA has called an extraordinary AGM for January 11, 2024, to deliberate on a capital increase of up to 800 million shares and the election of a new slate for the Board of Directors, conditional on the closing of the potential offer.
In the event of completion of this project and the appointment of a new board of directors (designed to comply with the expected dilution of Casino's stake), the French retail group would no longer control GPA.
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