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View of a Carrefour Hypermarket store in Nantes, France, February 4, 2022. Stephane Mahe
View of a Carrefour Hypermarket store in Nantes, France, February 4, 2022. Stephane Mahe
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Casino shares sink after Q2 sales fall

July 13th, 2023 | 07:18 AM MARKETS Deals 1

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BlackRock's GIP nears $38 billion takeover of utility group AES, FT reports
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By Reuters

Shares in cash-strapped French retailer Casino (CASP.PA) fell by more than 5% in early Thursday trade after it reported a drop in second-quarter sales.

Its sales in France fell by 6.6% after a 4.6% decline in the first quarter, Casino said in a statement late on Wednesday.

Casino also said a new deadline of July 14 had been set for bidders to present rescue offers for the group.

  • Topic
  • RESTRUCTURING/ (URGENT)
  • CASINO
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Previous article BlackRock's GIP nears $38 billion takeover of utility group AES, FT reports

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