French retailer Casino sells shares in Brazil’s Assai to cut debt – Interview with Reuters – 28.11.2022


"Casino remains on track to continue selling non-core assets such as Green Yellow and Assai to reduce its debt burden. With the proceeds, Casino will continue to buy back bonds as it did a month a go by doing a tender at par on the 2023 bonds," said Ion-Marc Valahu, fund manager at Geneva-based firm [...]