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French court approves 10-year debt restructuring of Rallye
The controlling shareholder in the French retailer is fighting to keep hold of his indebted empire
French retailer is aiming to save €500m over 18 months
Structure of holding companies behind French retailer Casino has drawn scrutiny of investors
Bank given go-ahead to call in collateral it owns in retailer’s parent Rallye
Société Générale can call in the collateral it owns in Casino’s parent company
Court procedure freezes debts to allow time to produce plan to reschedule payments
Creditors and shareholders are braced for a painful restructuring
Decision raises expectations of restructuring at indebted French retailer
Robert Smith at his finest.
Retailer levels allegations against yet-unknown party for ‘misinformation campaign’
Rival supermarket Carrefour surprised at being linked to tie-up ‘that does not exist’
French retailer downgraded as losses from joint ventures come under scrutiny
The French group has got a good price for its stake in a Thai retailer