Group Casino, Guichard-Perrachon sells 15% stake in Mercialys for €213 million
Client(s) Casino Guichard-Perrachon SA
Jones Day advised Group Casino, Guichard-Perrachon SA, a leading food retailer, in connection with the sale of 15% stake in Mercialys for €213 million (US$249 million) through an equity swap.
This sale is part of a €1.5 billion asset disposal plan initiated by Casino to continue its business model transformation and accelerate deleveraging in France.