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15

Casino to Release Funds From International Real-Estate Assets

By Tony Seruga

French supermarket operator Casino Guichard-Perrachon SA plans to sell some of its real estate in Thailand and Colombia as it seeks to cut debt by more than 2 billion euros ($2.2 billion) next year.

The project, which includes selling operations in Vietnam, “will create value for all shareholders” and “significantly improve” Casino’s financial structure, the Saint-Etienne, France-based company said Tuesday after European markets closed…

Casino to Release Funds From International Real-Estate Assets

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