Casino grocery retailer is preparing to sell the Brazilian supermarkets GPA (a 41% stake holding) and sell more domestic grocery stores. With a focus on French operations pending a sale to Daniel Kretinsky, the retailer announced on November 24th a purchase of the CBD Luxembourg holding company from GPA, which indirectly owns a third of the capital of CNova, the parent company of CDiscount. This brings Casino’s stake in the e-commerce subsidiary to 99%.
As such, Casino is preparing the sale of G
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