UPDATE 1-Czech investor Kretinsky takes 4.63% stake in France’s Casino
Czech businessman Daniel Kretinsky
and his junior partner Patrik Tkac have acquired a 4.63% stake
in Casino via their joint investment firm Vesa Equity
Investment, the debt-laden French retailer said on Thursday.
The Czech businessman, whose investments include a stake in
daily newspaper Le Monde and a stake in German retailer Metro
AG, described Casino as “one of the European leaders best placed
to respond to the sector’s profound transformation,” according
to the comp
and his junior partner Patrik Tkac have acquired a 4.63% stake
in Casino via their joint investment firm Vesa Equity
Investment, the debt-laden French retailer said on Thursday.
The Czech businessman, whose investments include a stake in
daily newspaper Le Monde and a stake in German retailer Metro
AG, described Casino as “one of the European leaders best placed
to respond to the sector’s profound transformation,” according
to the comp
Posted by Reuters
