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International Business News: Indebted French supermarket chain Casino said on Monday it had agreed an initial deal to sell its stake in Latin American retailer Almacenes Exito to
Indebted French supermarket
retailer Casino said on Monday that it had agreed an
initial deal to sell its stake in Latin American retailer
Almacenes Exito. Grupo Pao de Acucar, a.
Indebted French supermarket chain Casino said on Monday it had agreed an initial deal to sell its stake in Latin American retailer Almacenes Exito to Grupo Calleja. Casino s board on Friday approved a pre-agreement to sell its entire stake in Almacenes Exito to Grupo Calleja, a leading grocery retailer in El Salvador, it said.
Casino Guichard Perrachon SA (0HB1.L, CGUIY.PK), a French retail company, said on Monday that it is executing a pre-agreement with Grupo Calleja, which operates under the Super Selectos brand, to sell Casino's total equity interest in Almacenes Exito S.