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Announced

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

Synopsis

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.

Principals

Cnova Comercio Eletronico S.a.

target

Cnova Comercio Eletronico S.a.

Casino Group

bidder

Casino Group

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Market Context

Dealmakers (5)

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Franck Pasquier

Franck Pasquier

PR ConsultantConsultant at Image Sept
Deal Bio
Total Deals
7/
Total Value
£1,888M
Christopher Welton

Christopher Welton

ManagerCommunications Director at CASINO GROUP
Deal Bio
Total Deals
9/
Total Value
£2,821M
Béatrice Mandine

Béatrice Mandine

ManagerCommunications Director at CASINO GROUP
Deal Bio
Total Deals
2/
Total Value
£1,171M
Karine Allouis

Karine Allouis

PR ConsultantConsultant at Image Sept
Deal Bio
Total Deals
18/
Total Value
£8,287M
Laurent Poinsot

Laurent Poinsot

PR ConsultantConsultant at Image Sept
Deal Bio
Total Deals
19/
Total Value
£6,308M

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