HomeNewsSupermarket TrendsExtension of Accelerated Safeguard Procedures by Paris Commercial Court

Extension of Accelerated Safeguard Procedures by Paris Commercial Court

Extension of Accelerated Safeguard Procedures by Paris Commercial Court

The Casino Group has issued an announcement confirming the extension of accelerated safeguard procedures by the Paris Commercial Court. The court’s decision, delivered recently, extends these measures for an additional two months. Initially initiated on October 25, 2023, for Casino, Guichard Perrachon, and their six subsidiaries, the extended period now runs from December 25, 2023, to February 25, 2024.

It’s essential to clarify that this press release serves only informational purposes. It should not be misconstrued as an invitation or recommendation to engage in the buying or selling of securities or any related financial instruments. Moreover, it does not offer personalized investment advice and does not consider the specific financial situations, objectives, or needs of individual recipients.

Readers are urged to exercise independent judgment and prudence when evaluating this information. The accuracy, completeness, or reliability of the content herein is not explicitly guaranteed. This release does not serve as a replacement for independent decision-making. Additionally, the opinions expressed within may be subject to change without prior notification.

Les Mousquetaires and Casino Group Finalize Sale of 61 Stores and Expand Partnership