French supermarket retailer Casino is targeting a further 2 billion euros ($2.2 ...
FILE PHOTO: A customer shops in a Casino supermarket in Nice, France, January 15, 2019. REUTERS/Eric Gaillard/File Photo
Casino has been struggling to improve its profits in a tough business climate in France, raising concerns over its ability to generate enough cash to pay off the debt of parent company Rallye . “As a result, new asset disposals for a target amount of 2 billion euros have been identified, with this second phase of the disposal plan to be completed by the end of Q1, 2021.”
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