By Mathieu Rosemain, Chiara Elisei and Laura Lenkiewicz PARIS (Reuters) - Jean-Charles Naouri is set to lose his 30-year grip on debt-laden Casino unless he can come up with cash to see off rival bids for the French retailer, investment bankers and analysts said. French tycoon Xavier Niel and Czech billionaire Daniel Kretinsky are involved in two competing 1.1 billion euro ($1.2 billion) bids
Jean-Charles Naouri is set to lose his 30-year grip on debt-laden Casino unless he can come up with cash to see off rival bids for the French retailer, investme.
Two 1.1 bln euro bids competing for Casino No favored bid -government official Only the start of long race -banker (Adds Casino's Fimalac-related statement in 18th paragraph) By Mathieu Rosemain, Chiara Elisei and Laura Lenkiewicz PARIS, June 14 (Reuters) - Jean-Charles Naouri is set to lose his 30-year grip on debt-laden Casino unless he can come up with cash to see off rival bids
A trio of French businessmen
made an offer of 1 billion euros for debt-laden supermarket
chain Casino, a source close to the matter told
Reuters on Tuesday, confirming reports from French. | June 13, 2023