French Retail Giant Casino Looks to Raise Capital With 1.3 Billion Euro Offer From Kretinsky and Fimalac
- Casino has received two offers to strengthen its capital as it negotiates with creditors to restructure its debt.
- One offer is from investment vehicle 3F Holding, consisting of Xavier Niel, Matthieu Pigasse, and Moez-Alexandre Zouari.
- The other proposal comes from EP Global Commerce and Fimalac, with Czech businessman Daniel Kretinsky and Marc Ladreit de Lacharrière.
- The offers aim to inject 900 million euros into Casino, aligning with the company's expressed needs.
- Daniel Kretinsky and Fimalac have made an offer to Casino that includes a capital increase of 1.35 billion euros.