Daniel Kretinsky

Casino Seals Debt Restructuring Deal With Creditors

Cash-strapped French retailer Casino has entered into an agreement in principle with its creditors to strengthen its equity position and restructure its fi...

France's Groupe Casino Blames Price Cuts For First-Half Losses

Groupe Casino swung to a loss of €233 million for the first half of its financial year, as falling sales and price cuts at its hypermarkets and superm...

French Retailer Casino's Shares Suspended As Kretinsky Looks Set To Take Control

Casino's shares were suspended shortly before the market open on Monday pending a company statement, as Czech billionaire Daniel Kretinsky appeared to be n...

Casino Shares Shine Amid Hopes Of Higher Rescue Offers

Casino shares rose by over 9%, lifted by the prospect that rival bidders would raise their offers to rescue the cash-strapped French retailer.

Rival Billionaires To Detail Rescue Plans For Casino, Sources Say

Rival bidders seeking to take over French retailer Casino will present on 11 July (today) their respective plans to rescue the group, two sources close to...

Kretinsky To Install Former Metro Executive At Casino If Offer Succeeds: Reports

Czech billionaire Daniel Kretinsky and his partners are prepared to hire former Metro and Lactalis executive Philippe Palazzi as the new boss of French sup...

Czech Tycoon Kretinsky Leads Rescue Plan For Retailer Casino

Czech billionaire Daniel Kretinsky is leading a €1.35 billion investment plan to rescue Casino, the French retailer has said, dwarfing a rival proposa...

French Supermarket Casino's Rescue Triggers Billionaires Contest

The rescue of cash-strapped French supermarket chain Casino is triggering a billionaires contest pitting French telecoms maverick Xavier Niel against Czech...