Casino discusses disposal of Venezuelan unit with government

04/30/2010 | Wall Street Journal, The

Casino Guichard-Perrachon Et Cie is continuing its negotiations with officials from the Venezuelan government regarding the disposal of Cativen, the French food retailer's local division, according to CEO Jean-Charles Naouri. Casino had offered to sell Cativen to the Venezuelan government after the nationalization of the company's Almacenes Exito chain.

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