🍒 Casino's parent Rallye placed under creditors' protection - Reuters

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UPDATE 1-Casino parent Rallye met with bankers on safeguard plan - Reuters
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Casino Chairman and CEO Jean-Charles Naouri in May had placed the retailer's parent companies Rallye, Finatis and Fonciere Euris under.


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One of our representatives will be in touch soon to help get you started with your demo. Contact Us. Thank you. At this time we are unable to offer free trials or product demonstrations directly to students.

Remember Me. Clicking 'Request' means you agree to the Terms and have read and understood the Privacy Policy. Euris also pointed out euris casino exercise of the pledges by the institutions will not affect its ownership of Rallye.

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Shares of Rallye fell as much as 5.

We apologize for any inconvenience this may cause. Rallye pledged over 9. Following the transaction, Euris would own Finatis, which holds Log in to other products. All Events Webinars Webinar Replays. Rallye said the pledged shares do not include voting rights and if all the pledges are exercised, Rallye would retain control over Casino. Please contact your professors, library, or administrative staff to receive your student login. We noticed you've identified yourself as a student. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We generated a verification code for you. Rallye, which entered bankruptcy protection May 23, said that if the structured financing is subject to the court's ruling, the relevant financial institutions can terminate the arrangements and exercise the relevant share pledges.