Fortress Investment Group LLC signed an agreement to acquire 26 hypermarkets and supermarkets properties located in France from Casino, Guichard-Perrachon Société Anonyme (ENXTPA:CO) for approximately €650 million on January 21, 2019. Casino Group will receive approximately €392 million on completion of the transaction. Depending on the properties' performance, the Casino Group could receive up to an additional €150 million in the next few years. These 26 properties represent €31.8 million in annual rent. The closing of the transaction is expected to get closed in the first half of 2019. After the completion of the transaction on March 11, 2019, Casino Group could receive an additional €150 million in the next few years. Stanislas Dwernicki, Romain d'Innocente, Louis Delestrée, Rémi Avon, Chloé Bouhours, Lucas Gintz, Bertrand Jouanneau, Elisa Bocianowska, Capucine Pelissié, Alan Sournac and Alexandre Bochu of Gide acted as legal advisors to Casino, Guichard-Perrachon Société Anonyme. Alexandre Couturier, Olivier Jouffroy, Jitka Susankova, Mehdi Bouzekri and Marie d'Ocagne of Clifford Chance LLP acted as legal advisors for Fortress.HSBC acted as financial advisor to Fortress Investment Group LLC.