Casino Group has completed the sale of 3 hypermarkets to Leclerc members and received 38 million euros
Paris, May 29th 2019
Following the signature in January 2019 of purchase agreements with Leclerc members, Casino Group announces that it has completed the sale transactions for the Castelnaudary (11), Anglet (64) and Castres (81) hypermarkets.
On this occasion, Casino received 38 million euros.
Other disposals are continuing according to plan, with Casino Group reminding that these hypermarket disposals are separate from the non-strategic assets disposal plan announced on 11 June 2018 and extended to €2.5 billion on 14 March 2019.
In parallel with these reductions in sources of loss, the Géant banner is continuing its transformation, in line with its strategic priorities by focusing its development on digital synergies (deployment of the Casino Max application and Cdiscount corners) and by expanding its organic offer.
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