Casino, Guichard Perrachon : Casino Group: Casino received the approval of the French Competition Authority to take exclusive

Casino, Guichard Perrachon : Casino Group: Casino received the approval of the
      French Competition Authority to take exclusive control of Monoprix

Casino Group received the approval of the French Competition Authority to take
exclusive control  of  Monoprix Group,  which  constitutes the  outcome  of  a 
strategy centered on the proximity format and initiated in 1996.

The authorization  stipulates the  disposal of  58 stores  out of  the  entire 
network of Casino Group in France, for a total sales area of around 21 000 m²,
and does not impact any store under the Monoprix banner.

The total disposals amount to less than 1% of the turnover in France of Casino
Group.

The authorization concludes  a constructive  dialogue with  the Authority  and 
allows Casino Group to carry on the development of Monoprix Group.

Approval of the French Competition Authority

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Source: Casino, Guichard Perrachon via Thomson Reuters ONE
HUG#1715437
 
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