Casino, Guichard Perrachon : Casino Group: The notification process to the French Competition Authority of the taking over of

  Casino, Guichard Perrachon : Casino Group: The notification process to the
 French Competition Authority of the taking over of the exclusive control of
                         Monoprix by Casino continues

  The notification process to the French Competition Authority of the taking
        over of the exclusive control of Monoprix by Casino continues

Casino formally notified to the  French Competition Authority the taking  over 
of the exclusive control of Monoprix on 7 January 2013. The first phase of the
case review  process  was  initiated  on 6  February  2013,  when  the  French 
Competition Authority declared the documentation complete.

As expected, the French Competition Authority stated, at the end of the  first 
phase of  review  on  12  March  2013,  that  the  case  required  a  thorough 
examination, called phase 2,  which will allow Casino  to put forward all  its 
arguments to the French Competition Authority.

Groupe Casino notes the intention of the French Competition Authority to  take 
the opportunity of phase 2 to estimate the competitive pressure exerted on the
stores located  in Paris  by other  food retail  channels as  well as  by  the 
hypermarkets in the near suburbs.

The opening of  the phase  2 is  a required  step to  the taking  over of  the 
exclusive control of Monoprix by Casino. This phase should take a few  months, 
within the  mandatory regulatory  timeframe, and  the decision  of the  French 
Competition Authority  should be  obtained, as  previously disclosed,  in  the 
summer.

                        ANALYST AND INVESTOR CONTACTS
                 Régine GAGGIOLI - Tel: +33 (0)1 53 65 64 17
                          rgaggioli@groupe-casino.fr
                                      or
                             +33 (0)1 53 65 64 18
                          IR_Casino@groupe-casino.fr

                   Group external communication department
                                press contacts
                                Aziza BOUSTER
                          Tel: +33 (0)1 53 65 24 78
                          Mob: +33 (0)6 08 54 28 75
                          abouster@groupe-casino.fr
                                   IMAGE 7
                                Grégoire LUCAS
                          Tel: +33 (0)6 71 60 02 02
                               glucas@image7.fr

2013-03-13 - PR Monoprix

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Source: Casino, Guichard Perrachon via Thomson Reuters ONE
HUG#1685113
 
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