French retailer Casino said on Thursday it had completed the sale of a 3% equity stake in commercial property company Mercialys, cashing in 24 million euros ($27.10 million).
The sale, made through a total return swap (TRS) of maturity March 2022, reduces Casino’s stake in Mercialys in terms of voting rights to 16.9% from 16.9%, the statement said.
Copyright © 2024 M&A Critique!. All pages of the Website are subject to our terms and conditions and privacy policy. You must not reproduce, duplicate, copy, sell, resell or exploit any material on the Website for any commercial purposes.We have made a sincere effort to ensure that all photographs used on this website are either freely available in the public domain or used with permission. If you believe your work is being used inappropriately, please let us know and we will address the matter immediately.
[ultimatemember form_id=140]
WhatsApp us