Stay updated with breaking news from Paris Commerce. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Czech billionaire Daniel Kretinsky pressed on with his buying spree on Wednesday as EP Group, one of his investment vehicles, finalised a deal to take private the owner of Royal Mail in Britain. ...
Czech billionaire Daniel Kretinsky continued his buying spree in Europe on Friday, as one of his investment vehicles agreed to buy at least 20% of Thyssenkrupp's steel business in Germany. ...
Debt-laden retailer Casino's consolidated net losses deepened sharply to 5.7 billion euros , it said on Wednesday, hit by its restructuring and operating losses at its large hypermarkets in the...
PARIS(Reuters) -French retailer Casino's full-year losses deepened sharply as it felt the impact of restructuring and stiff competition for its large hypermarkets, the company said on Wednesday, sending its shares plunging by as much as 15%. Casino suffered a consolidated net loss of 5.7 billion euros ($6.2 billion) last year, widening from 316 million euros the previous year, and said it will not publish a revised 2024 outlook in view of its imminent change in leadership. The new leadership team will be formed around Czech billionaire Daniel Kretinsky after the company was brought to t...
PARIS(Reuters) - Debt-laden retailer Casino's consolidated net losses deepened sharply to 5.7 billion euros ($6.2 billion), it said on Wednesday, hit by its restructuring and operating losses at its large hypermarkets in the face of stiff competiti...