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市场新闻

Supermarket chain Casino announces completion of some store disposals as restructuring continues

BRIEF-Supermarket chain Casino announces completion of some store disposals as restructuring continues Oct 2 (Reuters) - Casino Sa CASP.PA : CASINO GROUP ANNOUNCES THAT IT HAS SOLD ITS CONTROLLING 51% STAKE IN 60 STORES TO GROUPEMENT LES MOUSQUETAIRES ON 30 SEPTEMBER 2024 CONTINUING TO REFOCUS ON ITS CONVENIENCE BRANDS CASINO GROUP ANNOUNCES COMPLETION YESTERDAY OF ACQUISITION BY ROCCA GROUP OF 100% OF CODIM ACTIVELY PURSUING ITS EFFORTS TO FIND SOLUTIONS FOR CLOSE TO 20 STORES AND 4 LOGISTICS P
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Jefferies cuts Mercialys to 'hold' amid Casino's woes

BUZZ-Jefferies cuts Mercialys to 'hold' amid Casino's woes ** Jefferies cuts French property management company Mercialys MERY.PA to "hold" from "buy" as supermarket chain Casino CASP.PA will close stores owned by Mercialys ** Out of 19 outlets closing this week, six are located in Mercialys' shopping centres, while two are directly owned by it, ac
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Oct 1 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. ALTAREA IMAF.PA The property developer completed a 300 million euro ($334.23 million) bond issue. CASINO CASP.PA The supermarket chain will present a new strategy in November.
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French retailer Casino to present new strategy with heavy job cuts expected

UPDATE 1-French retailer Casino to present new strategy with heavy job cuts expected Adds detail throughout PARIS, Sept 30 (Reuters) - French supermarket chain Casino CASP.PA will set out its new strategy in November, with heavy job cuts still likely, it said on Monday. The final number of job cuts could be fewer than 3,000, depending on the outcome of takeover negotiations currently under way, the company said in a statement.
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French retailer Casino to present new strategy with heavy job cuts expected

French retailer Casino to present new strategy with heavy job cuts expected PARIS, Sept 30 (Reuters) - French supermarket chain Casino's CASP.PA new strategy to improve its financial performance will be presented in November, with heavy job cuts still likely, it said on Monday. "Sale negotiations are still in progress for several sites," the company said.
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Sept 30 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. FRENCH POLITICS France's new Prime Minister Michel Barnier is considering a temporary increase in corporate tax on the country's biggest companies as well as a tax on share buybacks, Le Monde newspaper reported on Sunday.
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Casino raises 200 million euros through real estate sale to Tikehau Capital

UPDATE 1-Casino raises 200 million euros through real estate sale to Tikehau Capital Adds details from Tikehau statement PARIS, Sept 27 (Reuters) - French supermarket retailer Casino CASP.PA sold commercial real estate assets worth over 200 million euros ($223.48 million) to investment firm Tikehau Capital, it said on Friday, adding that it would use the cash to reduce its pile of debt.
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Casino raises 200 million euros through real estate sale to Tikehau Capital

Casino raises 200 million euros through real estate sale to Tikehau Capital PARIS, Sept 27 (Reuters) - French supermarket retailer Casino CASP.PA sold commercial real estate assets worth over 200 million euros ($223.48 million) to investment firm Tikehau Capital, it said on Friday, adding that it would use the cash to reduce its pile of debt. Casino, which last year clinched a deal with Czech billionaire Daniel Kretinsky to avert bankruptcy, is going through restructuring proceedings, including
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Casino Names Alfred Hawawini CEO Of Monoprix

BRIEF-Casino Names Alfred Hawawini CEO Of Monoprix Sept 24 (Reuters) - Casino Guichard Perrachon SA CASP.PA : ALFRED HAWAWINI NAMED CHIEF EXECUTIVE OFFICER AT MONOPRIX PHILIPPE PALAZZI APPOINTED CHAIRMAN OF MONOPRIX AND CHAIRMAN OF NATURALIA ON TOP OF HIS CURRENT ROLE NEW ORGANISATION WILL TAKE EFFECT ON 24 SEPTEMBER 2024 Source text for Workspace:
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Telia Sept 4 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * PKP CARGO PKPP.WA : Poland's largest freight co
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Shell Aug 30 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * PKP CARGO PKPP.WA : Poland's largest freight co
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Tamedia, UPM Aug 27 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * PKP CARGO PKPP.WA : Poland's largest fre
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Deutsche Bahn and Infineon Aug 5 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * METSO METSO.HE : The Finnis
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds FEMSA, R1 RCM, Trafigura, Royal Mail, RedBird IMI, Talen Energy, Hewlett Packard Enterprise Aug 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday: ** Mexico's FEMSA FEMSAUBD.MX said it has entered into definitive agreements to acquire the retail operations of Delek US Holdings DK.N for $385 million.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Aug 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday: ** Cellnex CLNX.MC , Europe's largest mobile phone tower operator, said it was in advanced negotiations to sell its Austrian unit after receiving binding offers, triggering a rise in shares. nL8N3JO0IM ** Ayala Corp AC.PS , the Philippines' oldest conglomerate, is exploring selling a minority stake in Ayala Healthcare Holdings (AC Health) in a
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Casino open to selling GPA stake, as Brazil retailer no longer strategic

UPDATE 1-Casino open to selling GPA stake, as Brazil retailer no longer strategic Adds details and context in paragraphs 4-9 By Luciana Magalhaes SAO PAULO, July 31 (Reuters) - French retailer Casino CASP.PA no longer considers Brazil's GPA PCAR3.SA a strategic holding and is open to selling its remaining 22.5% stake in the company, an executive at Casino's financial communications department said.
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Casino open to selling stake in GPA as Brazil retailer no longer strategic

Casino open to selling stake in GPA as Brazil retailer no longer strategic By Luciana Magalhaes SAO PAULO, July 31 (Reuters) - French retailer Casino CASP.PA no longer considers Brazil's GPA PCAR3.SA a strategic holding and is open to selling its remaining 22.5% stake in the company, an executive at Casino's financial communications department said. "Today, our stake in GPA is only as an investment, like any other," Christopher Welton told Reuters in an interview, saying Casino could decide to d
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French retailer Casino reports drop in first-half core earnings

UPDATE 1-French retailer Casino reports drop in first-half core earnings Adds context, quotes and details July 30 (Reuters) - French supermarket group Casino CASP.PA on Tuesday posted a drop in first-half core earnings, dragged down by ongoing restructuring, including the sale of hypermarkets and supermarkets, closures and conversions to franchises. WHY IT’S IMPORTANT France's seventh-largest supermarket group by market share, was brought to the verge of default after years of debt-fuelled acq
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French retailer Casino reports drop in first-half core earnings

French retailer Casino reports drop in first-half core earnings July 30 (Reuters) - French supermarket group Casino CASP.PA on Tuesday posted a drop in first-half core earnings, dragged down by ongoing restructuring, including the sale of hypermarkets and supermarkets, closures and conversions to franchises. Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) were 255 million euros ($275.5 million) in the six months to the end of June, down 24% from the same period l
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Casino H1 Revenue EUR 4.2 Bln, Down 5.9% YoY

BRIEF-Casino H1 Revenue EUR 4.2 Bln, Down 5.9% YoY July 30 (Reuters) - Casino Guichard Perrachon SA CASP.PA : H1 REVENUE EUR 4.2 BILLION NET FINANCIAL DEBT EUR 1 BILLION AT 30 JUNE 2024 H1 ADJUSTED EBITDA EUR 255 MILLION H1 CONSOLIDATED NET PROFIT EUR 39 MILLION Further company coverage: CASP.PA (Gdansk Newsroom)
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