(CercleFinance.com) – Casino announces that the European Commission issued a decision on February 2 authorizing the takeover of the distribution group by the EP Equity Investment III-Fimalac-Attestor consortium, under the regulations on foreign subsidies.
The competition authorities of Serbia, North Macedonia, Morocco and Kosovo also authorized the transaction, under merger control, and the Luxembourg Insurance Authority authorized the change of indirect control of Casino RE.
The financial restructuring is only subject to the approval of the accelerated safeguard plans for Casino, Casino Finance, Distribution Casino France, Casino Participations France, Quatrim, Monoprix and Ségisor by the Paris Commercial Court.
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