Casino in Exclusive Talks to Sell Leader Price to Aldi -Les Echos
19 September 2019 - 5:14PM
Dow Jones News
--France's Casino has entered exclusive talks to sell its Leader
Price chain of discount stores to Germany's Aldi, French business
daily Les Echos reports, citing sources familiar with the
matter.
--The deal could be worth substantially more than 400 million
euros ($442.1 million), and could close in the next four to five
weeks, Les Echos reports.
--Both retailers declined to comment, Les Echos says. Casino
shares trade 2.8% higher at EUR44.04.
Full story: https://bit.ly/2lW06xt
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(END) Dow Jones Newswires
September 19, 2019 10:59 ET (14:59 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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