PARIS, May 5 (Reuters) - Unlisted French retailer Auchan will buy nearly half the Paris stores that rival Casino
The deal involves 25 stores under the Franprix, Leader Price and Monop' banners, but not the Monoprix name, the source said, confirming a report by specialist website LSA.
Casino declined to comment. Auchan could not be immediately reached for comment.
Casino won a green light last July from French competition authorities for the purchase of the 50 percent of Monoprix that it did not already own. But it was ordered to sell 58 stores in France, including 55 in Paris, as a condition.
(Reporting by Pascale Denis; Writing by Dominique Vidalon; Editing by James Regan and David Holmes)
((dominique.vidalon@thomsonreuters.com)(+33149495432)(Reuters Messaging: dominique.vidalon.reuters.com@reuters.net))
Keywords: AUCHAN CASINO/




















