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Casino Said to Weigh Sale of Stake in Renewables Firm GreenYellow

  • French supermarket operator in early-stage talks over options
  • GreenYellow could be valued at more than 1 billion euros
A Casino supermarket in Marseille, France.
A Casino supermarket in Marseille, France.Photographer: Theo Giacometti/Bloomberg
Updated on

Casino Guichard-Perrachon SA is weighing options for its stake in renewable energy provider GreenYellow SAS as the French retailer looks for ways to reduce its debt pile, according to people familiar with the matter.

Casino is speaking with advisers about a potential sale of part or all of its 73% holding in GreenYellow, according to the people, who asked not to be identified discussing confidential information.