Casino Group to sell Big C Vietnam French retailer the Casino Group plans to sell Big C Vietnam as it seeks to strengthen its financial flexibility and focus on its growth strategy in keyThe sale of the Vietnam business could raise €750 million ($813.8 million) while setting up real estate investment trusts in Thailand and Colombia could... Casino Group sells Big C Vietnam to Thai... - News… Last year, Casino Group said it may sell the Big C supermarket chain in Viet Nam, Thailand and Colombia to strengthen its financial capacity.Big C Vietnam consists of a network of 43 stores and 30 shopping malls and in 2015 achieved an after tax turnover of 586 million EUR. Casino Group sells Big C Việt Nam to Thai Central Group Last year, Casino Group said it may sell the Big C supermarket chain in Viet Nam, Thailand and Colombia to strengthen its financial capacity.Big C Vietnam consists of a network of 43 stores and 30 shopping malls and in 2015 achieved an after tax turnover of 586 million EUR.
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French retailer Casino to sell Big C Vietnam for $1.1…
UPDATE 2-Casino Group to sell Big C stake to Thai TCC Group. 3 Min Read * Casino to sell 58.6 pct stake for $3.5 bln excluding debt ... The Vietnam unit sale had been planned earlier. Big C - Wikipedia Big C, or Big C Supercenter (Thai: บิ๊กซี ซูเปอร์เซ็นเตอร์), is a grocery and general merchandising retailer headquartered in Bangkok, Thailand. Big C is as of 2016 Thailand's second-largest hypermarket operator after Tesco Lotus's Thai unit. It has operations in three countries, namely Thailand, Vietnam and Laos. French Casino Group to sell Big C Vietnam for $1.05 ... French Casino Group to sell Big C Vietnam for $1.05 billion June 06, 2016 Written by Andrew VietnamBusiness.TV CENTRAL Group has announced that it and its local partner Nguyen Kim Trading Company were successful in acquiring Big C Vietnam for $1.05 billion from France’s Casino Group. Casino Group plans to sell Big C Vietnam ... - Tuoi Tre News People shop at a Big C supermarket in Ho Chi Minh City. French mass retailer Casino Group may seek a new owner for its supermarket chain Big C in Vietnam, as the company plans to strengthen its financial flexibility by selling assets in the country, as well as Thailand and Colombia. In 2016 Casino ...
France’s Casino Group announced plans on December 15 to sell its Big C supermarket chain in Vietnam to cut its debts by more than USD2.2 billionnext year. In a statement on Tuesday, Casino, the majority shareholder in Big C supermarkets, will also sell some of its real estate in Thailand and Colombia, according to the Bangkok Post.
Casino's Big C Vietnam Stores Said to Draw Lotte, TCC Bids ... Casino’s Big C Vietnam Stores Said to Draw Lotte, TCC Bids (1) ... Any deal would follow Casino’s agreement last month to sell control of Thai supermarket chain Big C Supercenter Pcl to TCC Holding for 3.1 billion euros ($3.5 billion). Casino to sell Big C stake to Thai TCC Group | Financial Times Groupe Casino has agreed to sell its stake in Thailand’s Big C Supercenter to the country’s TCC Group for €3.1bn excluding debt in a deal that will help the French retailer halve its net debt.
French supermarket operator Groupe Casino has said it will now likely sell its Thailand operation. While in the process of searching for a buyer for its Big C chain in Vietnam, Groupe Casino says it has received an approach to purchase its more profitable operation in Thailand. While hugely ...
Casino Group is set to sell its stake in Big C Supercenter PCL to the TCC Group, one of Thailand's leading conglomerates, for 3.1 billion euro (US$3.46 billion). The sale is expected to be ...
Casino Shares Surge After French Grocer Sells Stake in Big C By . ... The retailer is also selling a business in Vietnam, which analysts at Kepler value at 740 million euros. ... The Big C sale ... Groupe Casino to sell stake in Thai grocer Big C - MarketWatch Groupe Casino SA has agreed to sell its stake in Thai hypermarket operator Big C Supercenter PLC for EUR3.1 billion ($3.46 billion) to a Thai billionaire, marking a major step in the French grocer ... France’s Casino Group has yet to sell Big C Vietnam ... Customers are seen shopping for products at a Big C outlet in Ho Chi Minh City. French mass retailer Casino Group is only in the initial phase of transferring its supermarket chain in Vietnam, according to a Big C Vietnam representative. The representative denied on Friday recent reports that Casino ... Casino Guichard-Perrachon Sells Vietnamese Unit for $1.1 ... Casino Guichard-Perrachon SA agreed to sell Vietnam’s Big C grocery chain to Central Group at an enterprise value of 1 billion euros ($1.1 billion), extending an Asian divestment program aimed ...