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How Daniel Kretinsky's teams are preparing to take over the management of Casino

2024-02-24T20:22:20.317Z

Highlights: How Daniel Kretinsky's teams are preparing to take over the management of Casino. For more than seven months, Philippe Palazzi has been secretly preparing his “launched departure” as general management of the distributor. “ I am testing hypotheses for the group with Jean-Charles Naouri,” confides to Le Figaro Philippe Palazeri, recruited at the start of July 2023 by Daniel K retinsky. formed by Xavier Niel, Matthieu Pigasse and Moez Zouari for the takeover of Casino, in agony due to abysmal debt.


INVESTIGATION - For more than seven months, Philippe Palazzi has been secretly preparing his “launched departure” as general management of the distributor.


Since the end of summer, every week, the ritual has been the same.

In the Paris offices of Casino management, now grouped on a single floor of a building on Boulevard Haussmann, Jean-Charles Naouri, CEO and main shareholder of the distributor since the early 1990s, receives Philippe Palazzi, who is to succeed him to general management.

The time and day may vary, but not the location: a meeting room, as the CEO is reluctant to receive guests in his office.

There, the two men discuss the main strategic axes of Casino, which is due to come under the control of a consortium formed by the Czech billionaire Daniel Kretinsky, the Frenchman Marc Ladreit de Lacharrière and the Attestor fund at the end of March.

I am testing hypotheses for the group with Jean-Charles Naouri,”

confides to Le

Figaro

Philippe Palazzi, recruited at the start of July 2023 by Daniel Kretinsky, even before the latter won the fight which pitted him against the trio since the start of the year. formed by Xavier Niel, Matthieu Pigasse and Moez Zouari for the takeover of Casino, in agony due to abysmal debt.

He has great knowledge of the company and is very attached to the teams.

I listen to him and then I

will make my decisions.

»

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Source: lefigaro

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