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New Deal


Announced

Groupe Casino completed the acquisition of the remaining 34% stake in Cnova from GPA for $11m.

Financials

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Transaction Value£8m
Consideration TypeCash
Capital Owned66%
Capital Bid For34%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Brazil

Internet

websites operator

Acquisition

Cross Border

Majority

Completed

Public

Friendly

Single Bidder

Synopsis

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Groupe Casino, a French mass-market retail group, completed the acquisition of the remaining 34% stake in Cnova, an e-commerce company, from GPA, a company engaged in business retailing of food, for $11m.

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