Analysts sceptical as Casino opens talks with Teract

No synergy in potential French deal with Teract – Bryan Garnier * casino games online has massive debt, with large bond maturities due in 2024 * Any deal would be structured to alleviate Casino’s debt-source By Mathieu Rosemain and Dominique Vidalon PARIS, Feb 2 (Reuters) – Casino’s preliminary talks with Teract to combine their French […]

Gambler claims Mayfair casino plied him with Chinese liquor

A high-stakes gambler who says he was plied with a Chinese spirit until he was ‘blackout drunk’ at a Mayfair casino is locked in a bitter court fight over his £600,000 losses.  Lester Hui claims he told staff at Aspinall’s Curzon Street casino to cut him off if he lost more than £30,000 as he […]

Shares in French retailer Casino slump after Moody's downgrade

PARIS, March 24 (Reuters) – Shares in French retailer Casino slumped by around 15% on Friday after rating agency Moody’s downgraded several of the group’s credit ratings, citing market share losses, weak liquidity and high debt. The stock hit a record low of 5.6050 euros ($6.02) before regaining some ground. Its shares were set for […]

InVivo eyes control of Casino supermarkets in French grocery shakeup

By Gus Trompiz and Sybille de La Hamaide PARIS, March 10 (Reuters) – InVivo is interested in controlling the French supermarkets of retail group nj online casino , building on a planned grocery tie-up to make the agribusiness cooperative a major retail player, its CEO said on Friday. Debt-laden supermarket chain Casino and smaller food […]