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

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.