Intermarché and Auchan in “exclusive negotiations” to buy Casino stores
On December 18th, Casino, Intermarché and Auchan announced that they have entered into exclusive negotiations for the “sale by the Casino group of almost all Casino hypermarkets and supermarkets to Groupement Les Mousquetaires and Auchan Retail, based on a fixed enterprise value of 1.35 billion € [1.47 billion USD],” according to a Casino press release.
“The scope of
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