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New Deal


Announced

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

Financials

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Transaction Value£971m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Acquisition

Single Bidder

Minority

Public

Pending

Friendly

food

France

Food Retailers and Wholesalers

Synopsis

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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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