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Casino, Guichard-Perrachon Société Anonyme (CGUIF)

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  • Globe Newswire

    Casino Group announces the completion of Leader Price disposal

    Casino Group completed the sale to ALDI France of 545 Leader Price stores, 2 Casino supermarkets and 3 warehouses                                                                                                              Paris, 30th November 2020, Casino group has completed the sale to ALDI France of 545 Leader Price stores, 2 Casino supermarkets and 3 warehouses, for an enterprise value of 717 million euros (including an earn-out of up to €35 million).   After taking into account €34 million of net liabilities transferred with the stores, disposal proceeds reach €683 million of which (i) €648 million received today, and (ii) up to €35 million earn-out which will be paid in the event of compliance with certain operational indicators during a transition period. Furthermore, Casino group may sell additional Leader Price stores in the short term to ALDI, for an amount of up to €11 million. The agreement includes a transition period, running throughout 2021, during which the Casino group will manage the day-to-day operations until the stores are progressively converted to the ALDI banner. Casino group remains the owner of the Leader Price brand and will continue to operate it in France and internationally, under certain conditions agreed with ALDI. The Group will keep its profitable wholesale activity for 200 Leader Price franchise stores, and external or internal clients (Franprix, Casino Géant and Casino supermarkets). This sale follows information and consultation with the employee representative bodies, and the approval of the French Competition Authority which was provided on November 17th, 2020. It brings the total amount of completed non-strategic assets disposals to €2.8 billion since July 2018. Jean-Charles Naouri, Casino group’s Chairman and CEO, said: “I want to thank all of our employees in stores and warehouses for their work and commitment, and I wish them every success in their future activities within ALDI group. The sale of Leader Price to ALDI a major player in the discount retail segment, is fully in line with the Group’s transformation plan which was launched in 2018. Casino group will now fully focus on its most buoyant formats, e-commerce, premium and convenience, and on its new high-growth energy and data businesses.” Disclaimer This press release was prepared solely for information purposes, and should not be construed as a solicitation or an offer to buy or sell securities or related financial instruments. Likewise, it does not provide and should not be treated as providing investment advice. It has no connection with the specific investment objectives, financial situation or needs of any receiver. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein. It should not be regarded by recipients as a substitute for the exercise of their own judgement. All the opinions expressed herein are subject to change without notice.   ANALYST AND INVESTOR CONTACTSLionel BENCHIMOL – +33 (0)1 53 65 64 17 lbenchimol@groupe-casino.fror +33 (0)1 53 65 24 17  PRESS CONTACTSCasino Group – Direction of CommunicationStéphanie ABADIE - - +33 (0)6 26 27 37 05 or +33(0)1 53 65 24 78 - Agence IMAGE 7Karine ALLOUIS  -  +33(0)1 53 70 74 84 - kallouis@image7.frFranck PASQUIER – Tel : +33 (0)1 53 70 74 91 -   Attachment 2020.11.30 - PR - Casino Group announces the completion of Leader Price disposal

  • Globe Newswire

    Groupe Casino - Nombre de droits de vote et d'actions au 31-10-2020

    CASINO, GUICHARD-PERRACHON Société anonyme au capital de 165 892 131,90 €Siège social : 1, Cours Antoine Guichard42000 Saint-Etienne554 501 171 R.C.S. Saint-Etienne Informations relatives au nombre total de droits de voteet d’actions composant le capital socialau 31 octobre 2020 (article 223-16 du Règlement Général de l’Autorité des Marchés Financiers) Nombre d’actions composant le capitalNombre total de droits de voteNombre total de droits de vote exerçables en assemblée générale108 426 230 149 542 979148 743 135 * * ** Fait le 17 novembre 2020 à 17h30 Attachment Casino - Nombre de droits de vote et d'actions au 31-10-2020 - Communiqué

  • Globe Newswire

    Results of the bond tender offer launched by Casino

    Paris, November, 17th 2020, On November 9th, Casino launched a tender offer to repurchase the outstanding bonds due in May 2021 (ISIN: FR0011052661), June 2022 (ISIN: FR0013260379), January 2023 (ISIN: FR0011400571) and March 2024 (ISIN: FR0011765825).Following the bond tender offer, settlement of which is expected to take place on November 20th, 2020, Casino will repurchase: (i) for the bonds due in May 2021, an aggregate principal amount of € 194,100,000, (ii) for the bonds due in June 2022, an aggregate principal amount of € 8,500,000,         (iii) for the bonds due in January 2023, an aggregate principal amount of € 11,500,000 and (iv) for the bonds due in March 2024, an aggregate principal amount of € 7,800,000. The bond tender offer will amount to € 221,900,000. ISIN Outstanding principal amount prior to the bond tender offer Aggregate principal amount validly tendered Aggregate principal amount validly accepted for purchase by Casino Outstanding principal amount following the settlement of the bond tender offer FR0011052661 € 529,000,000 € 194,100,000 € 194,100,000 € 334,900,000 FR0013260379 € 367,000,000 € 8,500,000 € 8,500,000 € 358,500,000 FR0011400571 € 557,800,000 € 11,500,000 € 11,500,000 € 546,300,000 FR0011765825 € 900,000,000 € 7,800,000 € 7,800,000 € 892,200,000 Following this transaction, the cumulative amount of bond repurchases carried out by Casino in 2020 will be € 537,100,000, thereby reducing Casino's outstanding bond debt. Important Information This press release and the information contained herein does not constitute an offer to repurchase the bonds or an invitation to sell the bonds or an invitation to participate in such an offer to repurchase in, or from, any country in or from which, or from or to any person to whom, such invitation is prohibited by applicable laws and regulations. The distribution of this press release in certain countries may be restricted by law and/or be subject to specific regulations. Persons in possession of this document are required to inform themselves and to comply with all applicable legal and regulatory restrictions. Attachment 2020.11.17 - PR - Results of the bond tender offer launched by Casino