Three French investors,
including billionaire Xavier Niel, said on Thursday that they
were working to find a lasting corporate industrial and
financial solution for heavily-indebted retail group. | June 8, 2023
Jean-Charles Naouri, the CEO of heavily indebted supermarket group Casino, has been questioned by French financial investigators in connection with a case
Lazard posted a surprise loss for the first quarter and in April announced plans to reduce its workforce by 10% this year, predicting a slowdown in M&A advisory business will last through 2023.
Casino s preliminary talks with Teract to combine their French retail activities perplexes some analysts, who say a deal wouldn t address the supermarket group s urgent need to slash debt.. | February 2, 2023