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New Deal


Announced

Auchan and Groupement Les Mousquetaires to acquire hypermarkets and supermarkets from Casino Group for €1.35bn.

Financials

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Transaction Value£1,162m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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France

food retail

Food Retailers and Wholesalers

Domestic

Private

Majority

Acquisition

Pending

Friendly

Single Bidder

Synopsis

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Auchan, a retail group, and Groupement Les Mousquetaires, which holds the Intermarche brand, agreed to acquire hypermarkets and supermarkets from Casino Group, a French mass-market retail group, for €1.35bn ($1.48bn).

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