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French and Benelux stocks-Factors to watch

REFILE-French and Benelux stocks-Factors to watch Removes "hold" in the headline Nov 1st (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. CASINO CASP.PA : French retailer Casino on Thursday reported 9-month group adjusted EBITDA at 402 million euros.
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French retailer Casino reports Q3 sales fall ahead of November strategy plan

French retailer Casino reports Q3 sales fall ahead of November strategy plan PARIS, Oct 31 (Reuters) - French food retailer Casino CASP.PA on Thursday posted lower third quarter sales, weighed down by its ongoing restructuring, which includes the sales or closures of unprofitable stores. Sales for the three months to September 30 fell 1.8% to 2.067 billion euros ($2.24 billion) on a same-store basis after falling 3.1% in the second quarter.
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Casino Q3 Net Sales At EUR 2.07 Bln

BRIEF-Casino Q3 Net Sales At EUR 2.07 Bln Oct 31 (Reuters) - Casino Guichard Perrachon SA CASP.PA : PRESENTATION OF 2028 STRATEGIC PLAN ON NOV 14 END-SEPT COVENANT NET DEBT EUR 1.12 BILLION Q3 CONSOLIDATED NET SALES EUR 2.07 BILLION 9-MONTH GROUP ADJUSTED EBITDA EUR 402 MILLION 9-MONTH FCF EUR -539 MILLION NUMBER OF JOB CUTS EXPECTED TO BE AT UPPER
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Oct 18 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. ASCENCIO ASCE.BR Ascencio said on Thursday it will partner with Allego to expand the network of charging stations in Belgium. CASINO GUICHARD PERRACHON CASP.PA Casino has initiated statutory buyout proceedings to acquire the remaining 1.17% of Cnova's share capital, the French supermarket chain sa
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Casino Initiates Statutory Buyout Proceedings To Acquire All Issued Shares In Cnova

BRIEF-Casino Initiates Statutory Buyout Proceedings To Acquire All Issued Shares In Cnova Oct 17 (Reuters) - Casino Guichard Perrachon SA CASP.PA : INITIATED STATUTORY BUYOUT PROCEEDINGS TO ACQUIRE ALL ISSUED SHARES IN CNOVA BUYOUT PRICE OF EUR 0.09 PER SHARE DIRECTLY AND INDIRECTLY HOLDS 341.2 MILLION CNOVA SHARES, I.E. 98.83% OF SHARE CAPITAL AND
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Casino Confirms Repayment Of Eur 198.7 Mln To Quatrim Bondholders

BRIEF-Casino Confirms Repayment Of Eur 198.7 Mln To Quatrim Bondholders Oct 4 (Reuters) - Casino Guichard Perrachon SA CASP.PA : SAID ON THURSDAY IT HAS MADE A PAYMENT OF EUR 198.7 MILLION TO QUATRIM BONDHOLDERS NOMINAL AMOUNT OF QUATRIM SECURED BONDS NOW REDUCED TO EUR 300.5 MILLION AN INTEREST PAYMENT OF EUR 7.8 MILLION WILL TAKE PLACE ON OCT 7 S
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Supermarket chain Casino announces completion of some store disposals as restructuring continues

BRIEF-Supermarket chain Casino announces completion of some store disposals as restructuring continues Oct 2 (Reuters) - Casino Sa CASP.PA : CASINO GROUP ANNOUNCES THAT IT HAS SOLD ITS CONTROLLING 51% STAKE IN 60 STORES TO GROUPEMENT LES MOUSQUETAIRES ON 30 SEPTEMBER 2024 CONTINUING TO REFOCUS ON ITS CONVENIENCE BRANDS CASINO GROUP ANNOUNCES COMPLETION YESTERDAY OF ACQUISITION BY ROCCA GROUP OF 100% OF CODIM ACTIVELY PURSUING ITS EFFORTS TO FIND SOLUTIONS FOR CLOSE TO 20 STORES AND 4 LOGISTICS P
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Jefferies cuts Mercialys to 'hold' amid Casino's woes

BUZZ-Jefferies cuts Mercialys to 'hold' amid Casino's woes ** Jefferies cuts French property management company Mercialys MERY.PA to "hold" from "buy" as supermarket chain Casino CASP.PA will close stores owned by Mercialys ** Out of 19 outlets closing this week, six are located in Mercialys' shopping centres, while two are directly owned by it, ac
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Oct 1 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. ALTAREA IMAF.PA The property developer completed a 300 million euro ($334.23 million) bond issue. CASINO CASP.PA The supermarket chain will present a new strategy in November.
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French retailer Casino to present new strategy with heavy job cuts expected

UPDATE 1-French retailer Casino to present new strategy with heavy job cuts expected Adds detail throughout PARIS, Sept 30 (Reuters) - French supermarket chain Casino CASP.PA will set out its new strategy in November, with heavy job cuts still likely, it said on Monday. The final number of job cuts could be fewer than 3,000, depending on the outcome of takeover negotiations currently under way, the company said in a statement.
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French retailer Casino to present new strategy with heavy job cuts expected

French retailer Casino to present new strategy with heavy job cuts expected PARIS, Sept 30 (Reuters) - French supermarket chain Casino's CASP.PA new strategy to improve its financial performance will be presented in November, with heavy job cuts still likely, it said on Monday. "Sale negotiations are still in progress for several sites," the company said.
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French and Benelux stocks-Factors to watch

French and Benelux stocks-Factors to watch Sept 30 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. FRENCH POLITICS France's new Prime Minister Michel Barnier is considering a temporary increase in corporate tax on the country's biggest companies as well as a tax on share buybacks, Le Monde newspaper reported on Sunday.
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Casino raises 200 million euros through real estate sale to Tikehau Capital

UPDATE 1-Casino raises 200 million euros through real estate sale to Tikehau Capital Adds details from Tikehau statement PARIS, Sept 27 (Reuters) - French supermarket retailer Casino CASP.PA sold commercial real estate assets worth over 200 million euros ($223.48 million) to investment firm Tikehau Capital, it said on Friday, adding that it would use the cash to reduce its pile of debt.
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Casino raises 200 million euros through real estate sale to Tikehau Capital

Casino raises 200 million euros through real estate sale to Tikehau Capital PARIS, Sept 27 (Reuters) - French supermarket retailer Casino CASP.PA sold commercial real estate assets worth over 200 million euros ($223.48 million) to investment firm Tikehau Capital, it said on Friday, adding that it would use the cash to reduce its pile of debt. Casino, which last year clinched a deal with Czech billionaire Daniel Kretinsky to avert bankruptcy, is going through restructuring proceedings, including
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Casino Names Alfred Hawawini CEO Of Monoprix

BRIEF-Casino Names Alfred Hawawini CEO Of Monoprix Sept 24 (Reuters) - Casino Guichard Perrachon SA CASP.PA : ALFRED HAWAWINI NAMED CHIEF EXECUTIVE OFFICER AT MONOPRIX PHILIPPE PALAZZI APPOINTED CHAIRMAN OF MONOPRIX AND CHAIRMAN OF NATURALIA ON TOP OF HIS CURRENT ROLE NEW ORGANISATION WILL TAKE EFFECT ON 24 SEPTEMBER 2024 Source text for Workspace:
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Telia Sept 4 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * PKP CARGO PKPP.WA : Poland's largest freight co
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Shell Aug 30 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * PKP CARGO PKPP.WA : Poland's largest freight co
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Tamedia, UPM Aug 27 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * PKP CARGO PKPP.WA : Poland's largest fre
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Deutsche Bahn and Infineon Aug 5 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * METSO METSO.HE : The Finnis
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds FEMSA, R1 RCM, Trafigura, Royal Mail, RedBird IMI, Talen Energy, Hewlett Packard Enterprise Aug 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday: ** Mexico's FEMSA FEMSAUBD.MX said it has entered into definitive agreements to acquire the retail operations of Delek US Holdings DK.N for $385 million.
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