Casino has announced that, in accordance with the memorandum of understanding signed on January 24, Carrefour has replaced Groupement Les Mousquetaires for the acquisition of certain Casino hypermarkets and supermarkets initially to be acquired by the latter.

Within this framework, Casino and Carrefour have entered into agreements for the sale of 25 stores (and related service stations) to Carrefour, which has made social commitments similar to those made by Groupe Les Mousquetaires to the affected employees.

The sales will be completed on April 30, after consultation with the relevant employee representative bodies. The transaction will also be subject to certain authorizations, including those of the relevant competition authorities.

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