Casino : Rallye’s safeguard plan gives Casino time to fine an industrial solution, in our view
>Feedback from breakfast meeting organised with Casino (28 May 2019) - Our credit research teams hosted Casino’s CFO David Lubeck for a breakfast meeting in Paris. Key takeaways from the meeting:The safeguard plan put in place for Rallye (Casino’s parent company with 51.7% of the capital), which suspends the payment of Rallye’s debt for the duration of the process, lightens the financial burden on Casino which will no longer be required to pay out a dividend that...Casino Guichard-Perrachon is a food retailer based in France. Co. operates hypermarkets, supermarkets, discount stores, convenience stores and cafeterias. Co.'s stores are discount stores selling groceries and consumer goods, and providing services like financial and insurance services, real estate, and restaurants. Co. operates hypermarkets under the brand Geant Casino; urban and rural supermarkets under the brand Casino Supermarches; city-centre supermarkets under the brand Monoprix; convenience/national superettes under the brands Petit Casino, Vival and Spar; covenience-paris area stores under the brand Marche Franprix; and discount stores under the brand Leader Price.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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