Casino Group: Real estate disposals
Casino Group sells €77m of real estate assets to
Groupement Les Mousquetaires
Paris, 3 December 2024
Casino Group has signed a binding agreement to sell a portfolio of 69 real estate assets to Groupement Les Mousquetaires, consisting mainly of car parks, service stations, supermarket premises and ancillary lots adjoining stores now operated by Groupement Les Mousquetaires.
The sale price of €77m is due to be received in the first half of 2025.
This transaction will reduce Casino Group 's financial debt to the bondholders of its subsidiary Quatrim.
This communication is for informational purposes only under the current applicable laws and regulations, and is neither an offer to sell nor a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
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ANALYSTS AND INVESTORS CONTACTS
Charlotte IZABEL- cizabel@groupe-casino.fr - Tél : +33 (0)6 89 19 88 33
IR_Casino@groupe-casino.fr - Tél : +33 (0)1 53 65 24 17
PRESS CONTACTS
Casino Group – Communications Department
Stéphanie ABADIE - sabadie@groupe-casino.fr - Tél : +33 (0)6 26 27 37 05
directiondelacommunication@groupe-casino.fr - Tél : + 33(0)1 53 65 24 78
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