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Casino confirms "exploratory discussions" for a merger with Teract in France

2023-02-01T18:35:55.961Z


These “rumors echoed in the press” between the two companies relate to distribution activities. Casino announced on Wednesday that it had engaged in “ exploratory discussions ” with a view to a merger with Teract, reacting to “ rumors echoed by the press ”, the group said in a press release. This merger with the company that owns the garden center networks Jardiland, Gamm Vert or Delbard, would concern the distribution activities of the two groups in France, but it could " not succeed ", wa


Casino announced on Wednesday that it had engaged in “

exploratory discussions

” with a view to a merger with Teract, reacting to “

rumors echoed by the press

”, the group said in a press release.

This merger with the company that owns the garden center networks Jardiland, Gamm Vert or Delbard, would concern the distribution activities of the two groups in France, but it could "

not succeed

", warns Casino.

More information to come.

Source: lefigaro

All business articles on 2023-02-01

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