on CASINO GUICHARD PERRACHON (EPA:CO)
Casino Group faces a request for interim measures by Assaí
Casino Group announced that Assaí, a subsidiary of Sendas Distribuidora SA, has filed a request for interim measures. This request seeks to render unavailable the shares of Companhia Brasileira de Distribuição – GPA held by Casino. These actions precede potential arbitration proceedings against Casino and GPA.
Casino stated that it had not received any official notification regarding this procedure. In the absence of further information, Casino stated its intention to protect its interests. This situation adds uncertainty to its investments in Brazil, an important market for the French group.
This communication underlines Casino's commitment to managing this situation in accordance with current legislation without any offer to sell or solicitation to buy securities.
R. H.
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