Mercialys SA (MERY.PA)
17 Aug 2018
July 26 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:
July 26 Below are company-related news and stories from French and Benelux media which could have an impact on the region's markets or individual stocks.
PARIS, July 26 Retailer Casino, which is facing investor concerns about its high debt levels, said it was making progress with its assets disposal plan, with the sale of a 15 percent stake in its Mercialys property unit.
PARIS French supermarket company Casino aims to complete 1.5 billion euros ($1.77 billion) of asset sales by early 2019 to reduce its heavy debt burden.
* CFO evasive over Casino's stake in Mercialys (Writes through, add detail from analyst call)
* Q1 RENTAL REVENUES EUR 45.6 MILLION VERSUS EUR 46.2 MILLION YEAR AGO
* OPERATION ENABLES CO TO SECURE FUTURE REDEMPTION OF EURO 479.7 MILLION BOND ISSUE MATURING IN MARCH 2019