Announced

EP Global Commerce to invest €1.1bn in Groupe Casino.

Synopsis

EP Global Commerce, an acquisition group of Czech investor Daniel Kretinsky, offered to invest €1.1bn in Groupe Casino, a mass-market retail group. "It has acknowledged the proposal from Křetínský and that it could lead to a change of control of Casino and to a dilution which might be very significant for existing shareholders,” Casino.

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