Groupe Casino has agreed to sell its supermarkets and hypermarkets in France to Auchan Retail International SA and Groupement Les Mousquetaires for an enterprise value of approximately 1.35 billion euros ($1.49 billion). France-based Groupement was advised by a Sullivan & Cromwell team including partners Nicolas Karmin and Olivier de Vilmorin. Counsel information for Groupe Casino was not immediately available.
Retail & Consumer Goods
December 21, 2023, 10:56 AM