Casino Says New Deadline For Rescue Bids Set For July 14
Cash-strapped French retailer Casino said a new deadline for rival bidders to present their rescue offers for the group had been set for July...
Hopes Of Higher Rescue Offers Boost Casino
Shares in ailing French supermarket Casino rose by nearly 10% this morning, boosted by the prospect that rival bidders would raise their rescue offers.
Czech...
Shares In Casino Plummet Following Rescue Bids
Shares in debt-laden French supermarket chain Casino fell as much as 40% yesterday after it was revealed that an injection of new capital from...
Revised EU Rules Highlight The Value Of Purchasing Alliances
Revised EU competition rules on cooperation agreements, which entered into force on 1 July, provide the legal framework for retail and wholesale purchasing alliances...
Lidl Making Management Structure Changes In Home Market
Lidl is reorganising the management of its operations in Germany to make the business more resilient in the face of increasingly tough competition and...
French Supermarket Casino’s Rescue Triggers Billionaires Contest
The rescue of cash-strapped French supermarket chain Casino is triggering a billionaires contest pitting French telecoms maverick Xavier Niel against Czech energy tycoon Daniel...
Casino Hit By Debt Default Concerns
Shares in struggling French supermarket chain Casino slid 15% in early trading today after it warned that it could default on part of its...
Casino Sets Deadline For Offers To Boost Equity
Debt-laden French supermarket chain Casino has set a deadline of 3 July for offers to boost its equity base, as it works on a...
Carrefour Cutting Office Jobs
Carrefour, one of Europe’s largest grocery retailers, confirmed yesterday that it planned to cut nearly 1,000 jobs in France on a voluntary basis as...
Metro AG Extends Contract Of CEO
German wholesale giant Metro AG has extended the contract of its CEO for another five years. This means that Dr Steffen Greubel will remain...