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Casino Group is selling €77 million worth of real estate
Grouping Les Mousquetaires
Paris, December 3, 2024
Casino Group has signed a binding agreement to sell a portfolio of 69 real estate assets to Groupement Les Mousquetaires, mainly consisting of car parks, petrol stations, supermarkets and outbuildings adjacent to shops now operated by Groupement Les Mousquetaires.
The sales price of €77 million should be received in the first half of 2025.
This transaction will reduce Casino Group’s financial debt to the bondholders of its subsidiary Quatrim.
This communication is for informational purposes only under current applicable laws and regulations and is neither an offer to sell nor a solicitation of an offer to buy the securities described herein nor shall there be any sale of these securities occur in any jurisdiction where an offer, solicitation or sale of such securities prior to registration or qualification would be unlawful under the securities laws of such jurisdiction.
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CONTACTS OF ANALYSTS AND INVESTORS
Charlotte IZABEL – cizabel@groupe-casino.fr – Tel: +33 (0)6 89 19 88 33
IR_Casino@groupe-casino.fr – Tel: +33 (0)1 53 65 24 17
PRESS CONTACTS
Casino Group – Communications Department
Stéphanie ABADIE – sabadie@groupe-casino.fr – Tel: +33 (0)6 26 27 37 05
directiondelacommunication@groupe-casino.fr – Tel: + 33(0)1 53 65 24 78
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