Groupe Casino

RALLYE S.A.: Opening of ad hoc proceedings

Retrieved on:

Thursday, October 26, 2023

Commercial Court, Rallying, Groupe Casino

Rallye, Foncière Euris, Finatis and Euris announce that they have applied for and obtained today from the President of the Commercial Court of Paris the opening of ad hoc mandate proceedings to their benefit under the aegis of SELAFA MJA (Me Valérie Leloup-Thomas) and SELARL Fides (Me Bernard Corre), for a period of 6 months, for the purpose of:

Key Points:

Rallye, Foncière Euris, Finatis and Euris announce that they have applied for and obtained today from the President of the Commercial Court of Paris the opening of ad hoc mandate proceedings to their benefit under the aegis of SELAFA MJA (Me Valérie Leloup-Thomas) and SELARL Fides (Me Bernard Corre), for a period of 6 months, for the purpose of:
for Rallye to support its subsidiary Casino in accordance with its press release dated 18 October 2023 and to draw the appropriate conclusions in due course from the effective completion of Casino's ongoing financial restructuring, in particular with regard to its safeguard plan; and
for Foncière Euris, Finatis and Euris to draw the appropriate conclusions in due course from the effective completion of Casino's ongoing financial restructuring, in particular with regard to their safeguard plans.

RALLYE S.A.: Financial restructuring of Casino

Retrieved on:

Thursday, October 26, 2023

Regulatory News Service, FIMALAC, Consortium, Groupe Casino, Safeguarding (planning law), Security (finance), Rallying

The issuer is solely responsible for the content of this announcement.

Key Points:

The issuer is solely responsible for the content of this announcement.
Rallye acknowledges the terms of Casino’s financial restructuring, and in particular the equity contribution from the Consortium and certain creditors, the equitization of all of Casino Group's unsecured debt and the equitization of part of its secured debt, as well as the massive dilution of Casino shareholders that would result, with Rallye consequently losing control of Casino.
Rallye intends to preserve its main assets in accordance with its corporate interest and thus provide its support as Casino's controlling shareholder so that Casino's restructuring can be successfully implemented in accordance with the Lock-up Agreement.
The conciliation proceedings (procédure de conciliation) opened on 19 May 2023 in respect of Rallye will expire on 19 October 2023 and Rallye will remain subject to the undertakings of its Safeguard Plan.

RALLYE S.A.: Extension of conciliation proceedings

Retrieved on:

Monday, September 25, 2023

Rare-earth element, Airline, Groupe Casino, Rallying

Paris, 19 September 2023, Rallye, Foncière Euris, Finatis and Euris announce that they have requested and obtained a one-month extension of the conciliation proceedings until 19 October 2023.

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Paris, 19 September 2023, Rallye, Foncière Euris, Finatis and Euris announce that they have requested and obtained a one-month extension of the conciliation proceedings until 19 October 2023.

Houlihan Lokey Expands European Capital Markets Team With Senior Hire

Retrieved on:

Tuesday, September 12, 2023

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Julia Perroni has joined the firm as a Managing Director in its Capital Markets Group.

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Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Julia Perroni has joined the firm as a Managing Director in its Capital Markets Group.
Based in Paris, Ms. Perroni will lead the firm’s Capital Markets business in France, working alongside senior European colleagues to deliver a full range of debt capital raising options to the firm’s regional clients.
We are delighted that Julia is now joining to continue the expansion of the team and spearhead our business in France,” said Anthony Forshaw, Head of Capital Markets, Europe at Houlihan Lokey.
She will be a hugely valuable addition to our senior team in the region.”
“With its truly integrated European Capital Market team and strong US platform, Houlihan Lokey benefits from a unique coverage of investors and breadth of expertise.

NeoGames’ Pariplay set for South African expansion with SunBet

Retrieved on:

Wednesday, July 26, 2023

Partnership, International, Neogames, Fusion, Spin, Wise Wizard Games, IGaming Business, Wheel, Groupe Casino, Video game

The agreement will see the tier-one African operator supplied with certified content from both the proprietary Wizard Games brand, as well as 3rd party content from the Fusion platform.

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The agreement will see the tier-one African operator supplied with certified content from both the proprietary Wizard Games brand, as well as 3rd party content from the Fusion platform.
It becomes the latest expansion in regulated markets for Pariplay, which has enjoyed a strong commercial start to the year with partnerships in North America, Latin America, and Europe, to complement the deal with South Africa’s leading Casino Group.
Tsachi Maimon, President at NeoGames, said: “Sun International is one of the most well-known casino brands in the African continent, offering incredible land-based as well as online play – through SunBet – for its customers.
“From localised slots to world-class games, it’s a fantastic offering and we’re very excited to take our offering to the next level.”

RALLYE S.A.: Rallye announces a change in its Executive Management

Retrieved on:

Thursday, June 15, 2023

Auditor, Credit analyst, EDHEC, Regulatory News Service, KPMG, Compensated emancipation, Management, Rallying, Groupe Casino

Paris, 12 June 2023 – Rallye announces that Mr. Alexis Ravalais will be contributing his experience as part of the conciliation proceedings opened in favor of Casino as advisor to Casino’s Chief Executive Officer.

Key Points:

Paris, 12 June 2023 – Rallye announces that Mr. Alexis Ravalais will be contributing his experience as part of the conciliation proceedings opened in favor of Casino as advisor to Casino’s Chief Executive Officer.
The Board of Directors held today, under the chairmanship of Mr. Jean-Charles Naouri, has therefore unanimously appointed, on the recommendation of the Appointments and Compensation Committee, Mr. Franck Hattab as Chief Executive Officer of Rallye in place of Mr. Alexis Ravalais.
Also, he was appointed Deputy Chief Executive Officer of Rallye in February 2013, and he was appointed Chief Executive Officer on 3 April 2017 until 29 September 2022.
He has been Deputy Chief Executive Officer of Euris since 30 September 2022 and Chief Executive Officer and President of Board of Foncière Euris since 4 November 2022.

Opening of conciliation proceedings

Retrieved on:

Monday, May 22, 2023

Prejudice, Court, Commercial Court, Trust, Commercial code, Security (finance), Groupe Casino, Rallying

As of today, discussions with the holders of Rallye’s debts secured by Casino’s securities placed in trust (fiducie-sûreté) have not been successful yet.

Key Points:

As of today, discussions with the holders of Rallye’s debts secured by Casino’s securities placed in trust (fiducie-sûreté) have not been successful yet.
Under these circumstances, the companies have decided to request the opening of a conciliation proceeding to benefit from a more protective legal framework in order to pursue discussions with their creditors.
The president of the Paris Commercial Court today opened conciliation proceedings to the benefit of Rallye, Foncière Euris, Finatis and Euris for an initial period of four months, possibly renewable for a further month, and appointed SELAFA MJA (Me Valérie Leloup-Thomas) and SELARL Fides (Me Bernard Corre) as conciliators (conciliateurs) and terminated the ad hoc mandate proceedings opened on 25 April 2023.
Without prejudice to the application of Article L.611-16 of the Commercial Code [1] , the conciliation proceeding will allow the companies Rallye, Foncière Euris, Finatis and Euris to request from the Court periods of grace (délais de grâce) pursuant to Article L.611-7 of the Commercial Code in the event that the above-mentioned secured debt holders trigger events of default resulting from the opening of conciliation proceedings with respect to Casino.

RALLYE S.A.: Opening of ad hoc mandate proceedings / Resumption of the listing of securities

Retrieved on:

Tuesday, April 25, 2023

Commercial Court, Casino, Sale, Trust, Rallying, Groupe Casino

In this context, Rallye and its parent companies indicated that they would liaise with their creditors in order to examine the possibilities and possible ways of adjusting their safeguard plans.

Key Points:

In this context, Rallye and its parent companies indicated that they would liaise with their creditors in order to examine the possibilities and possible ways of adjusting their safeguard plans.
The ad hoc mandate procedure is an amicable procedure, with no impact on the safeguard plan or on the rights and obligations of the companies, their shareholders and the creditors of the companies involved.
The listing of all securities issued by the companies concerned will resume on 26 April, at market opening.
[1] Casino’s shares representing 11.7 % of Casino’s share capital have been placed in trust (fiducie-sûreté) by Rallye for the benefit of certain creditors, including Fimalac (cf.

Cegedim: Full year 2022 results

Retrieved on:

Thursday, March 23, 2023

Corporate and others: 2022 REBIT(1) was a €3.4 million loss, €2.3 million higher than the loss in 2021.

Key Points:

Corporate and others: 2022 REBIT(1) was a €3.4 million loss, €2.3 million higher than the loss in 2021.
To the best of the company’s knowledge, there were no events or changes during 2022 that would materially alter the Group’s financial situation.
On May 16, 2022, Cegedim Group and social protection companies Malakoff Humanis, Groupe VYV, and PRO BTP Groupe announced that they had finalized the strategic partnership they began negotiating on March 1, 2022.
The webcast is available at: www.cegedim.fr/webcast
The fiscal 2022 results presentation is available:
And on the Cegedim IR smartphone app, available at https://www.cegedim.fr/finance/profil/Pages/CegedimIR.aspx

Carbios appoints four new Board members to strengthen international expertise in brand development, business growth and scientific research

Retrieved on:

Tuesday, February 7, 2023

The new scientific expertise will also help enhance and advance Carbios’ research into biological solutions for the life cycle of plastics and textiles.

Key Points:

The new scientific expertise will also help enhance and advance Carbios’ research into biological solutions for the life cycle of plastics and textiles.
In addition, a sensitivity to CSR issues and proven results in this field was also a key selection factor to join the Board.
The new members’ combined strategic vision, solid industry experience and CSR commitments will support Carbios in its industrial and commercial plans.
As Carbios now moves towards its industrial and commercial stage, and prepares internationalization, bringing new expertise to the Board is key to success,” commented Philippe POULETTY, Chairman of Carbios’ Board of Directors.