The trio Xavier Niel, Matthieu Pigasse and Moez-Alexandre Zouari announced on Sunday that they were renouncing their offer to take over the distributor Casino, which is awash in debt, leaving only Daniel Kretinsky’s offer in the running, supported by Marc Ladreit de Lacharrière.
3F, the holding company through which the trio intended to take over Casino, wrote in a press release that it “refuses to participate in a biased process – the company having obviously already chosen its buyer”. She claims not to have “received the requested information” on several points of Casino’s financial situation.
… More information to come…