2023-08-18 01:58:40
Influence struggle
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Specialized in the purchase of corporate debt, the British investment fund played a key role in the choice of Casino buyers and won an entry into the capital.
As discreet as it is influential. The British investment fund Attestor was omnipresent during all the discussions on the rescue of Casino and its choice tipped the balance in favor of the duo composed of Daniel Kretinsky and Marc Ladreit de la Charrière, the future owners of the seventh distribution group French (Monoprix, Franprix, Cdiscount, Naturalia). Flashback to the month of July 2023: Casino, weighed down by 10 billion euros in debt, must at all costs find a solution to avoid filing for bankruptcy, because the company is no longer able to repay what owes its creditors. Negotiations then began under the aegis of the Paris Commercial Court. Two proposals emerge for taking control of the casino. In addition to the Kretinsky-Lacharrière duo, a group made up of the founder of the Free telephone group Xavier Niel, the investment banker Matthieu Pigasse and one of the main franchisees of the Monoprix and Franprix brands, Moez-Alexandre Zouari, also application under the name of the 3F group.
Discussions marathons
Potential buyers must then deal with interlocutors
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