Casino Guichard: Intention to launch a voluntary cash tender offer on Cnova shares (first take)

BUY, Fair Value EUR57 (+12%)

News published on May Thursday 12, 2016
Share on

Casino has just announced its intention to launch a voluntary cash tender offer on the outstanding shares in Cnova. This operation has the merit of unravelling a financial package whose consistency has never appeared in the eyes of the market. The question, however, is whether or not this could lead to a strong rerating of Cdiscount France.

For more information, please contact

The Essentials

Everything you need to know about investment banking dedicated to growth
Recent Transactions Highlights
From M&A, to IPOs see what’s been happening at Bryan, Garnier & Co this year
Join our Team
Bryan, Garnier & Co is always looking for talent in all our divisions, at all levels
Explore our opportunities