The Casino group announces that it has reached agreements with Auchan Retail France and Groupement Les Mousquetaires for the sale of 288 stores (and the service stations attached to the stores), based on an enterprise value of between 1.3 and 1.35 billion euros.

The sales to Auchan and Groupement Les Mousquetaires form an indivisible whole", says Casino.

The sales will be completed in the 2nd quarter of 2024, after consultation with the relevant employee representative bodies.

Groupement Les Mousquetaires and Auchan have undertaken to take over all the employment contracts of the employees of the stores and service stations, and to maintain the provisions and benefits resulting from the Casino collective status for a period of 15 months from the date of transfer.

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