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Rallye SA (GENC.PA)

GENC.PA on Paris Stock Exchange

4.95EUR
23 Aug 2019
Change (% chg)

€-0.09 (-1.88%)
Prev Close
€5.05
Open
€5.07
Day's High
€5.14
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€4.80
Volume
147,853
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308,779
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€12.96
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€2.80

Latest Key Developments (Source: Significant Developments)

Casino has now sold 2.1 bln euros worth of assets with Vindemia deal
Monday, 22 Jul 2019 

July 22 (Reuters) - Casino ::CASINO CONFIRMS THAT WITH THE SALE OF VINDEMIA, IT HAS NOW SOLD AT THIS STAGE 2.1 BILLION EUROS WORTH OF ASSETS - SPOKESWOMAN.CASINO HAS ANNOUNCED PLANS TO DISPOSE OF AT LEAST 2.5 BLN EUROS WORTH OF ASSETS BY Q1 2020 TO REDUCE DEBT .  Full Article

Casino Group: Clarification Following Communication Of Rallye
Friday, 12 Jul 2019 

July 12 (Reuters) - CASINO SA ::REG-CASINO GROUP: CLARIFICATION OF CASINO FOLLOWING THE COMMUNICATION OF RALLYE.CONFIRMS RALLYE, EURIS AND FINATIS OPERATIONS HAVE NO IMPACT ON CONTROL EXERCISED BY RALLYE AND ITS HOLDING COMPANIES OVER CASINO.CASINO POINTS OUT THAT LOSS OF CONTROL OF CASINO BY RALLYE OR ITS HOLDING COMPANIES WOULD HAVE NO LEGAL IMPACT ON CASINO'S DEBT.LOSS OF CONTROL OF CASINO BY RALLYE WOULD NOT CONSTITUTE AN EVENT OF DEFAULT.  Full Article

Finatis: Euris Informes Finatis Of EUR 15 Million Structured Financing Arrangement
Friday, 12 Jul 2019 

July 12 (Reuters) - FINATIS SA ::EURIS HAS INFORMED FINATIS OF A 15 MILLION EUROS STRUCTURED FINANCING ARRANGEMENT (NET OF CASH COLLATERAL) CONTRACTED WITH A FINANCIAL INSTITUTION.STRUCTURED FINANCING ARRANGEMENT IN FORM OF PREPAID FORWARDS AND EQUITY SWAPS.STRUCTURED FINANCING ARRANGEMENT SECURED BY PLEDGES OVER 487,500 FINATIS SHARES, I.E. 8.6% OF SHARE CAPITAL.RELEVANT FINANCIAL INSTITUTION WOULD HAVE OPTION TO TERMINATE ARRANGEMENT AND EXERCISE RELEVANT SHARE PLEDGES.IN THIS EVENT OF PLEDGES EXERCISE, EURIS' STAKE IN FINATIS WOULD AMOUNT TO 83.8% OF SHARE CAPITAL AND VOTING RIGHTS.AS OF DATE HEREOF, FINANCIAL INSTITUTION HAS NOT EXERCISED ITS PLEDGE AND THERE IS NO ONGOING LEGAL PROCEEDING.FINATIS HAS NOT ENTERED INTO ANY STRUCTURED FINANCING ARRANGEMENT.HOLDS 90.5% OF SHARE CAPITAL AND VOTING RIGHTS OF FONCIÈRE EURIS DIRECTLY AND THROUGH ITS SUBSIDIARY CARPINIENNE DE PARTICIPATIONS.  Full Article

Fonciere Euris Contracted Total Of EUR 77.2 Mln Structured Financing Arrangements
Friday, 12 Jul 2019 

July 12 (Reuters) - Fonciere Euris Sa ::FONCIÈRE EURIS HAS CONTRACTED TOTAL OF 77.2 MILLION EUROS STRUCTURED FINANCING ARRANGEMENTS (NET OF CASH COLLATERAL) WITH CERTAIN FINANCIAL INSTITUTIONS.STRUCTURED FINANCING ARRANGEMENTS IN FORM OF PREPAID FORWARDS AND EQUITY SWAPS AS WELL AS OPTIONS SALES.FONCIÈRE EURIS' DIRECT STAKE IN RALLYE WOULD AMOUNT TO 58.1% OF SHARE CAPITAL AND 71.1% OF VOTING RIGHTS OF RALLYE.AS OF DATE HEREOF, NONE OF FINANCIAL INSTITUTIONS HAVE EXERCISED ANY OF THESE PLEDGES AND THERE IS NO ONGOING LEGAL PROCEEDING.STRUCTURED FINANCING ARRANGEMENTS SECURED BY PLEDGES OVER 11.3 MILLION RALLYE SHARES, I.E. 21.6% OF SHARE CAPITAL.  Full Article

Rallye Contracted Total Of EUR 231 Mln Structured Financing Arrangements
Friday, 12 Jul 2019 

July 12 (Reuters) - RALLYE SA ::HAS CONTRACTED A TOTAL OF 231 MILLION EUROS (NET OF CASH-COLLATERAL) STRUCTURED FINANCING ARRANGEMENTS WITH CERTAIN FINANCIAL INSTITUTIONS.STRUCTURED FINANCING ARRANGEMENTS IN FORM OF PREPAID FORWARDS AND EQUITY SWAPS.AS OF DATE HEREOF, NONE OF FINANCIAL INSTITUTIONS HAVE EXERCISED ANY OF THESE PLEDGES AND THERE IS NO ONGOING LEGAL PROCEEDINGS.STRUCTURED FINANCING ARRANGEMENTS SECURED BY PLEDGES OVER 9.5 MILLION CASINO SHARES, I.E. 8.7% OF CASINO SHARE CAPITAL.IT IS REMINDED THAT ALL MANDATORY PREPAYMENT PROVISIONS INCLUDED IN RALLYE'S BANKING DOCUMENTATIONS HAVE BEEN FROZEN FOR DURATION OF SAFEGUARD PROCEEDINGS.IN EVENT ALL OF THEM WERE EXERCISED, RALLYE'S STAKE IN CASINO WOULD AMOUNT TO 43.6% OF SHARE CAPITAL AND 53.2% OF VOTING RIGHTS.  Full Article

Retailer Casino completes 39 mln euros sale of 3 hypermarkets, 4 Casino supermarkets and 1 Leader Price store
Tuesday, 2 Jul 2019 

July 2 (Reuters) - Casino Guichard Perrachon SA ::* Casino Group has completed the sale of 3 hypermarkets, 4 Casino supermarkets and 1 Leader Price store and received 39 million euros .  Full Article

Supermarket retailer Casino completes sale of R2C unit to Compass Group
Monday, 1 Jul 2019 

July 1 (Reuters) - Casino Guichard Perrachon SA ::* Following the signature of an agreement in February 2019, Casino Group announces that it has completed the sale of R2C, Casino's food services subsidiary.  Full Article

Rallye Announces Opening Of Safeguard Proceedings For Its Subsidiary Alpétrol
Monday, 17 Jun 2019 

June 17 (Reuters) - RALLYE SA ::RALLYE ANNOUNCES OPENING OF SAFEGUARD PROCEEDINGS FOR BENEFIT OF ITS WHOLLY-OWNED INDIRECT SUBSIDIARY ALPÉTROL, FOR A SIX MONTHS PERIOD.SAYS ALPÉTROL HAS NO EXTERNAL DEBT BUT HAS A EUR 163M DEBT TOWARDS RALLYE AS AT JUNE 17TH, 2019.INFORMATION WILL BE REGULARLY DISCLOSED TO MARKET ALL ALONG PROGRESS OF THESE PROCEEDINGS.  Full Article

Casino Signs Commitments To Sell 6 Shops
Friday, 7 Jun 2019 

June 7 (Reuters) - CASINO SA ::REG-CASINO GROUP: SIGNING OF UNILATERAL PURCHASE COMMITMENTS TO SELL 1 GÉANT CASINO HYPERMARKET, 4 CASINO SUPERMARKETS AND 1 LEADER PRICE.PROMISES REPRESENT A TOTAL AMOUNT OF 18.3 MILLION EUROS.SALE IS EXPECTED TO BE COMPLETED IN SECOND HALF OF 2019.IN 2018, THESE STORES REPRESENTED A TURNOVER EXCLUDING TAX OF APPROXIMATELY 43 MILLION EUROS AND A TRADING LOSS OF APPROXIMATELY 3 MILLION EUROS.AGREEMENTS SIGNED PROVIDE FOR CONTINUATION OF EMPLOYMENT CONTRACTS OF EMPLOYEES OF THESE STORES.  Full Article

Fonciere Euris, Finatis Not To Be Able To Pay FY 2018 Dividends
Tuesday, 4 Jun 2019 

June 4 (Reuters) - FONCIERE EURIS SA and Finatis SA ::FONCIERE EURIS SAYS THAT IT WILL NOT BE ABLE TO PAY THE EUR 2.15 DIVIDEND FOR 2018.FINATIS SAYS THAT IT WILL NOT BE ABLE TO PAY EUR 2 PER SHARE DIVIDEND AS FOR FY 2018.ANNOUNCEMENTS TAKE PLACE IN CONTEXT OF RECOVERY PROCEEDINGS INITIATED BY RULING ON MAY 23, 2019, FOR A PERIOD OF 6 MONTHS .  Full Article

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Retailer Casino to sell three hypermarkets for 42 million euros

PARIS French supermarket retailer Casino has signed pledges to sell three of its Geant Casino hypermarkets for 42 million euros ($46.8 million) as it seeks to reduce debt.