CGUIF - Casino, Guichard-Perrachon S.A.
| Previous close | 5.35 |
| Open | 5.56 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's range | 5.35 - 5.35 |
| 52-week range | 5.35 - 24.83 |
| Volume | |
| Avg. volume | 11 |
| Market cap | 582.679M |
| Beta (5Y monthly) | 0.98 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 09 May 2019 |
| 1y target est | N/A |
- Reuters
Casino bankruptcy event has not occurred - CDS committee
A European derivatives committee said on Monday that a bankruptcy credit event has not occurred in relation to France's debt-laden Casino, dashing investor hopes for a payout on credit insurance linked to the retailer. The EMEA Credit Derivatives Determination Committee (CDDC) met on Friday to discuss the question raised by an investor, it said on its website. The heavily-indebted French retailer said last month it had entered court-backed talks with creditors after receiving their consent to open a court process known as conciliation without triggering a default under the terms of Casino issued bonds.
- Investing.com
Casino announces fresh stake sale in Brazil's Assai in push to lower debt load
By Scott Kanowsky
- Investing.com
Casino shares slump after 2022 profit misses forecasts, analysts eye Teract talks
By Scott Kanowsky
- Reuters
Analysts sceptical as Casino opens talks with Teract
Casino's preliminary talks with Teract to combine their French retail activities perplexes some analysts, who say a deal wouldn't address the supermarket group's urgent need to slash debt. Casino, controlled by 73-year-old Jean-Charles Naouri, faces a wall of debt, starting with about 1.3 billion euros ($1.42 billion) of secured and unsecured bonds due next year for French activities, according to credit rating firm S&P. It recently cut its rating for Casino, highlighting the company's need "to fix the current cash burn." Naouri has pledged to sell 4.5 billion euros' worth of assets at Casino - owner of the Monoprix, Franprix and Naturalia brands - by the end of this year, 90% of which had already been completed by last October.
