Newly Incorporated CNOVA NV Files Registration Statement for Proposed Initial
Public Offering of Ordinary Shares
F-1 Press Release
SAO PAULO, Brazil and BORDEAUX, France, June 4, 2014 /CNW/ - CNOVA NV
("Cnova"), a newly incorporated Dutch corporation and a global eCommerce
player, announced today that it has filed a registration statement on Form F-1
with the U.S. Securities and Exchange Commission relating to a proposed
initial public offering of its ordinary shares. The number of shares to be
offered and the price range for the offering have not yet been determined.
As announced by Casino Group today, the Board of Directors of Casino, as well
as those of its subsidiaries CBD, Via Varejo and Exito, approved the principal
terms for the creation of the Cnova Group. One of the largest eCommerce
companies in the world, Cnova will include the businesses of Cdiscount in
France, Colombia, Thailand and Vietnam, and Nova in Brazil.
Morgan Stanley and JP Morgan will act as joint bookrunners for the proposed
The proposed offering will be made only by means of a prospectus. A copy of
the preliminary prospectus relating to these securities may be obtained when
available from Morgan Stanley & Co LLC, 180 Varick Street, 2nd Floor, New
York, NY 10014, Attention: Prospectus Department or J.P. Morgan Securities
LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, New York 11717.
A registration statement relating to these securities has been filed with the
U.S. Securities and Exchange Commission but has not yet become effective.
These securities may not be sold nor may offers to buy be accepted prior to
the time the registration statement becomes effective. This press release
shall not constitute an offer to sell or a solicitation of an offer to buy,
nor shall there be any sale of these securities in any state or jurisdiction
in which such an offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state or
About Cnova Cnova will be one of the largest global eCommerce companies and
includes the businesses of Cdiscount in France, Colombia, Thailand and Vietnam
and Nova in Brazil. The Company will offer more than 11.7 million active
customers access to a wide and growing assortment of more than approximately
9.2 million product offerings through a combination of its direct sales and
sales by for third-party vendors. The Company's website is www.cnovagroup.com.
Forward-looking Statements Certain statements and information included in
this release may constitute "forward looking statements" within the meaning of
the U.S. Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements
of the Company to be materially different from any future results, performance
or achievements expressed or implied in such forward looking statements.
Additional discussion of such factors is contained in the companies'
Securities and Exchange Commission filings. The company does not undertake any
obligation to update any forward-looking statements.
CNOVA CONTACTS - Leigh PARRISH, FTI Consulting, +1 (212) 850-5651,
Leigh.email@example.com, or Hugh BARKER, FTI Consulting, +1 (212)
850-5621, Hugh.firstname.lastname@example.org; Casino Group contacts - Régine
GAGGIOLI (Analysts and Investors), Tel: +33 (0)1 53 65 64 17,
email@example.com, or Aziza BOUSTER (Media), Tel: +33 (0)1 53 65 24
78, Mob: +33 (0)6 08 54 28 75, firstname.lastname@example.org; Companhia Brasileira
de Distribuição and Via Varejo S.A. contacts - Daniela SABBAG (Analysts and
Investors), Tel: +55 11 3886-0421, email@example.com, or Paola PEDRAO
(Media), Tel: +55 11 3886-0465, Mob: +55 11 99212-3982,
Paula.firstname.lastname@example.org, or Marcelo RIZZI de OLIVEIRA (Analysts and Investors),
Tel: +55 11 4225-8650, Mob. +55 11 96385-0871, email@example.com,
or Wilma LOURES (Media), Tel: +55 11 4225-9228, Mob: +55 11 94136-9120,
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-0- Jun/04/2014 23:03 GMT
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