05.02.2024 08:09:45 - dpa-AFX: Casino Issues Update On Financial Restructuring Transaction
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Casino announced that the anti-trust
authorities of Serbia, Northern Macedonia, Morocco
and Kosovo issued decisions authorising the acquisition of control of the Group
as part of the financial restructuring by the consortium, composed of EP Equity
Investment III, Fimalac and Attestor. The consortium's acquisition vehicle will
be controlled by EP Equity Investment III, a company controlled by Daniel
Kretinsky.
On 2 February, the European Commission issued a decision authorising the
transaction under the Foreign Subsidies Regulation. Also, the Luxembourg
Insurance Authority has authorised the change of indirect control of Casino RE,
the reinsurance subsidiary.
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