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Supermarket retailer Casino to sell 26 stores worth 501 million euros

Published 01/21/2019, 02:05 AM
Updated 01/21/2019, 02:10 AM
© Reuters. FILE PHOTO - A logo of French retailer Casino is pictured outside a Casino supermarket in Nantes
CASP
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PARIS (Reuters) - French supermarket retailer Casino (PA:CASP), which is in the process of divesting assets to cut debts, said on Monday it would sell 26 stores worth 501 million euros ($567 million) in the first half of 2019.

© Reuters. FILE PHOTO - A logo of French retailer Casino is pictured outside a Casino supermarket in Nantes

Casino said it would sell 13 'Géant Casino' hypermarkets, three other hypermarkets and 10 Casino supermarkets to Fortress Investment Group.

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