Casino : Société générale gets 3.4% of the share capital of the parent company, Rally

The battle for control of Casino started. Since the early 1990s, the distributor is controlled by Jean-Charles Nouri, via a cascade of four holdings, all highly

Casino : Société générale gets 3.4% of the share capital of the parent company, Rally

The battle for control of Casino started. Since the early 1990s, the distributor is controlled by Jean-Charles Nouri, via a cascade of four holdings, all highly indebted poor countries (3.3 billion euros in total). The inability of the Casino to generate sufficient dividends to reduce the debt and the decline in its Stock price have forced the end of may, the four holdings to request the opening of a safeguard procedure in the commercial court of Paris.

" READ ALSO - Questions about the future and Rally Casino

Since then, many observers of the folder is speculating about a next, taking control of the Rally, the mother house of the Casino, by its creditors. One option available to Jean-Charles Naouri, also CEO of the Casino, will do anything to escape, by trying to convince the commercial court to accept, by the end of may or end of November 2020, a plan of the dump providing for the repayment of the debt of the Rally ...

Date Of Update: 10 Temmuz 2019, 00:00

Kathleen Lees

Lees


Contact Accounts

Yorum yapabilmek için üye girişi yapmanız gerekmektedir.

Üye değilseniz hemen üye olun veya giriş yapın.

NEXT NEWS