(CercleFinance.com) – Casino confirms having received a revised offer on July 15 from EP Global Commerce as, Fimalac and Attestor with a view to strengthening its equity, and that 3F Holding has given up submitting a revised offer.
The Board of Directors, on the unanimous recommendation of its ad hoc committee comprising almost all of the independent directors, has decided to pursue negotiations with EP Global Commerce as, Fimalac and Attestor, as well as with Casino’s creditors.
These discussions aim to reach an agreement in principle on the restructuring of the financial debt by the end of July. The quotation of Casino shares and other listed securities issued by the company, suspended on Monday, will resume on July 18 at the opening of the market.