Casino Group announces streamlined corporate structure for French food retail operations
(PRESS RELEASE) PARIS, 4-Jan-2023 — /EuropaWire/ — Casino Group (EPA: CO), a French retail company, has announced that it will be reorganizing its food retailing activities in France. As part of this process, the group has created a joint holding company which will oversee the subsidiaries within the Monoprix perimeter. The transfer of the activities of Distribution Casino France to this holding company will be completed in the first half of 2023. This reorganization is being carried out in accordance with legal provisions and has been discussed with employee representative bodies.
Important Information
This press release and the information contained herein does not constitute an offer to repurchase the bonds or an invitation to sell the bonds or an invitation to participate in such an offer to repurchase in, or from, any country in or from which, or from or to any person to whom, such invitation is prohibited by applicable laws and regulations. The distribution of this press release in certain countries may be restricted by law and/or be subject to specific regulations. Persons in possession of this document are required to inform themselves and to comply with all applicable legal and regulatory restrictions.
ANALYSTS AND INVESTORS CONTACTS
Christopher WELTON – Phone number: +33 (0)1 53 65 64 17
cwelton.exterieur@groupe-casino.fr
or
+33 (0)1 53 65 24 17
IR_Casino@groupe-casino.fr
PRESS CONTACTS
Casino Group – Communications Director
Stéphanie Abadie – sabadie@groupe-casino.fr – +33 (0)6 26 27 37 05
or
+33(0)1 53 65 24 78 – directiondelacommunication@groupe-casino.fr
Agence IMAGE 7
Karine Allouis – Phone number: +33(0)1 53 70 74 84 – kallouis@image7.fr
Laurent Poinsot – Phone number: + 33(0)6 80 11 73 52 – lpoinsot@image7.fr
SOURCE: Casino Group
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