Casino and Galeries Lafayette announce signing of a transaction agreement in relation to Monoprix

Paris, 27 July 2012

Following the letter of intent signed on 28 June 2012 between Casino and Galeries Lafayette, the two groups have signed, on July 26th 2012, a transaction agreement in respect of the 50% stake held by Galeries Lafayette in Monoprix according to the terms disclosed in the press release dated 29th June 2012.

The acquisition by Casino will take place after the authorization process by the French Competition Authority is completed.

Press Contacts

Groupe Casino

Thierry Orsoni
torsoni@groupe-casino.fr
+33 (0)1.53.65.24.78

Frédéric Croccel
fcroccel@groupe-casino.fr
+33 (0)1.53.65.24.39

Groupe Galeries Lafayette

Laurent Perpère
lperpere@brunswickgroup.com
+33 (0)53.96.83.83

Alexandra van Weddingen
avanweddingen@brunswickgroup.com
+33 (0)1.53.96.83.83

Analyst and Investor ContactsGroupe CasinoRégine GAGGIOLI
rgaggioli@groupe-casino.fr
+33 (0)1.53.65.64.17

IR_Casino@groupe-casino.fr
+33 (0)1.53.65.64.18Groupe Galeries LafayetteLaurent Perpère
lperpere@brunswickgroup.com
+33 (0)53.96.83.83

Alexandra van Weddingen
avanweddingen@brunswickgroup.com
+33 (0)1.53.96.83.83

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Responsible employer committed to the development of skills and the well-being of its employees, the Casino group implements innovative human resources policies, consistent with its approach to social, societal and environmental responsibility.

The Casino group is also a local community player, rooted in the regions where its stores are located.

The Group’s ambition is to create a new territorial solidarity, to put its products forward as the reference for eating good and healthy food, and to implement concrete solutions to better respect the environment.

Casino is the only retail group to have Diversity and professional Equality Awards, both obtained following a certification audit by AFNOR.

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Casino Group counts over 25,000 employees, powerful brands with over 7,700 sales outlets across all the territory and a 9 Billion turnover in 2023.

It is a leader in convenience stores as well as n°2 in non-food E-commerce in France with its Cdiscount brand.

Casino and Galeries Lafayette announce signing of a transaction agreement in relation to Monoprix

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