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New Deal


Announced

Grupo Calleja to acquire a minority stake in Casino Guichard-Perrachon from Almacenes Exito for $556m.

Financials

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Transaction Value£457m
Consideration TypeCash
Capital Owned-
Capital Bid For47%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Cross Border

Pending

Friendly

France

retail chain

Food Retailers and Wholesalers

Single Bidder

Public

Minority

Synopsis

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Grupo Calleja, a retail grocery store, agreed to acquire a minority stake in Casino Guichard-Perrachon, a French mass-market retail group, from Almacenes Exito, a supermarket chain, for $556m. Exito investors will get $0.9 a share in the deal, which values the Colombian grocery store chain at $1.2bn. The transaction is expected to close around year end.

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