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Tag: Casino

Casino and Dia create new joint company that will manage orders, payment, and supply of private their label products

A new joint company, named CD Supply Innovation, will start its activities on December 15th. Paris, France, 2017-Dec-05 — /EPR Retail News/ — After deciding in 2015 to regroup their private label purchasing negotiations in Europe in order to improve their competitiveness, group Casino and Dia extend their cooperation through the inception of a new joint company,…

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Casino announces offer to acquire for cash all outstanding ordinary shares of Cnova

Paris, 2016-Dec-28 — /EPR Retail News/ — Casino, Guichard-Perrachon S.A. (“Casino”) today (December 27, 2016) announced that it has commenced an offer to acquire for cash all outstanding ordinary shares of Cnova, nominal value €0.05 per share (“Cnova ordinary shares”), in the United States (the “U.S. Offer”). Pursuant to the U.S. Offer, Casino is offering to…

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Casino to launch the process of disposal of Via Varejo

Paris, 2016-Nov-25 — /EPR Retail News/ — Casino’s Board of Directors, at a meeting held today (November 23, 2016), looked into the process made by its Brazilian affiliate CBD to evaluate potential strategic alternatives involving Via Varejo, its electronic goods and furniture business. The Board approved CBD’s decision to continue prioritizing the development of the food…

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