Casino considers combining Latin American assets

Source: Reuters, Friday, May 10, 2019

Casino has said that it is studying various strategic options for a combination of its Latin American assets, but that it doesn't justify a market disclosure.

The French retailer said that it 'studies its various strategic options in this region in the context of the permanent review of its investments. These thoughts haven't led to any material element that would justify disclosure to the market.' The statement follows press articles mentioning an upcoming announcement of a combination of its assets in the region, Casino said.