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“And I would ask 500 more / just to be the man who prompts a default *on* Casino’s CDS”
Ninth question leads to another look at Casino’s CDS
They don’t want to take no for an answer. Especially in supermarkets
Billionaire edges out rivals but indebted supermarket group needs hefty investment to recover market share
Revised offer would lead to €1.2bn equity injection in debt-laden French supermarket
Two competing groups offer cash injections as French supermarket races to restructure debts
French food retailer warns that shareholders will be ‘massively’ diluted
Whoever takes control will have their work cut out, with the stores desperately in need of investment
Trio including Xavier Niel prepare new rescue plan to compete with Czech billionaire Daniel Křetínský
Jean-Charles Naouri’s questioning comes as retailer boss battles to save heavily indebted group from deteriorating financial situation
Group built by Jean-Charles Naouri set to begin official talks with creditors as wealthy investors circle
Surprise offer comes as indebted Monoprix owner continues deal talks with other investors
Jean-Charles Naouri pursues deal with former franchisee as he races to salvage group
Details of investigation by French prosecutor come as food retail group posts annual loss of €316mn
Heavily indebted group controlled by Jean-Charles Naouri close to securing a lifeline with Teract tie-up
Jean-Charles Naouri in talks over merger of retailer’s food operation
There is no guarantee asset sale will be enough to pay group’s debts
Share divestment in South American peer part of efforts to sell assets worth €4.5bn to reduce leverage
‘Very tough 2022’ forecast for heavily indebted French supermarket group
Casino and Metro condemn threatening behaviour towards employee who has been assigned to alternative stocks
French supermarket chain enjoys Covid-19 sales bounce but costs weigh on earnings
Funds will bolster existing spending and facilitate new deals
More asset sales potentially ahead as group’s heavily indebted parent is under court protection
French court approves 10-year debt restructuring of Rallye
French supermarket blames unrest for poor sales, but this story whiffs of one of its fish counters
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