Authorisation from the
Casino announces that on
The Group points out that the completion of its financial restructuring remains subject to the satisfaction (or waiver, where permitted by the draft accelerated safeguard plan) of the following conditions precedent:
- the granting of decisions by the anti-trust authorities1, other than the
European Commission , authorizing or not objecting to the restructuring as provided for in Casino's accelerated safeguard plan; - the granting of a decision by the
European Commission recognizing that the Consortium's planned investment does not fall within the scope of the Foreign Subsidies Act; - the granting by the
Luxembourg Insurance Authority of a decision authorizing or not opposing the indirect change of control ofCasino RE (Group's reinsurance subsidiary); and - the approval of the accelerated safeguard plans of
Casino Finance , DCF, CPF,Quatrim ,Monoprix and Ségisor by the Paris Commercial Court.
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This press release was prepared solely for information purposes and should not be construed as a solicitation or an offer to buy or sell securities or related financial instruments. Likewise, it does not provide and should not be treated as providing investment advice. It has no connection with the specific investment objectives, financial situation or needs of any receiver. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein. Recipients should not consider it as a substitute for the exercise of their own judgement. All the opinions expressed herein are subject to change without notice.
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ANALYSTS AND INVESTORS CONTACTS
Christopher WELTON - cwelton.exterieur@groupe-casino.fr - Tel: +33 (0)1 53 65 64 17
or
IR_Casino@groupe-casino.fr - Tel: +33 (0)1 53 65 24 17
PRESS CONTACTS
or
directiondelacommunication@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
1 Anti-trust authorities of
Attachment
- 2024 01 15 - PR - Foreign investments
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