86
Fashion Jobs
SHISEIDO
K-Key Account Lead
Permanent · HO CHI MINH CITY
ADIDAS
Senior Director Product Creation Ftw
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Corporate Affairs & Reputation Manager - Corporate Affairs & Engagement
Permanent · HO CHI MINH CITY
JO MALONE LONDON
Education Manager, Jml/lm
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Senior HR Operations Executive/ Assistant Manager
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager (Franchise)
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Commercial, Adigolf, Vietnam 1
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager 1 (Franchise)
Permanent · HO CHI MINH CITY
COLUMBIA
lo Costing & Engineering Manager
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Category Manager - Cpd
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Business Planning Manager - Cpd
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager Product Creation (Sportwear)
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Product Manager - Shu Uemura
Permanent · HO CHI MINH CITY
ADIDAS
Manager, Quality Product Integrity
Permanent · HO CHI MINH CITY
TAPESTRY
Manager, Manufacturing Engineer
Permanent · HO CHI MINH CITY
SPECIALIZED
Painting Quality Engineer - Bình Dương, Vietnam
Permanent ·
ON RUNNING
Social Compliance Specialist - Hcm Based
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Sourcing Operations
Permanent · HO CHI MINH CITY
WILLIAMS SONOMA
Wood Sustainability Specialist - (Global)
Permanent · THUẬN AN
PUMA
Manager Quality Apparel & Accessories
Permanent · HO CHI MINH CITY
PUMA
Senior Executive, Finance
Permanent · HO CHI MINH CITY
PUMA
Head of Quality Footwear
Permanent · HO CHI MINH CITY
By
Reuters API
Published
Sep 24, 2018
Download
Download the article
Print
Text size

Retailer Casino says it rejected Carrefour approach; Carrefour also denies

By
Reuters API
Published
Sep 24, 2018

French supermarket retailer Casino, whose shares have hit by concerns over its debts, said it had rejected an approach from domestic rival Carrefour - something that Carrefour itself denied.

Reuters


Casino said it had been contacted by Carrefour in recent days over a possible tie-up, but noted regulatory hurdles to any such deal, given the relative dominance of the two companies in the French domestic supermarket sector.

"The board unanimously reiterated its entire confidence in Casino's strategy for value creation based on its unique market positioning," Casino said in a statement.
"The board of directors also acknowledged the barriers, in France and in Brazil, to a combination with Carrefour, especially in terms of competition and employment. The board unanimously decided to reject Carrefour's approach," added Casino.

However, Carrefour denied in a separate statement having ever "solicited" Casino.
"Carrefour denies having solicited Casino and is surprised that Casino's board of directors would have been submitted a merger proposal that does not exist," Carrefour said in a statement.

Casino has come under pressure over the debts at the company and debts at parent holding group Rallye .

Rallye, through which Chief Executive Jean-Charles Naouri controls Casino, needs to repay over 600 million euros (£539 million) worth of bonds in October and 300 million euros worth in March.

Last week, five banks granted Rallye a new 500 million euros credit line.

© Thomson Reuters 2024 All rights reserved.