The deal, which massively dilutes shareholders, would bring an end to the 30-year reign of Casino CEO and controlling shareholder Jean-Charles Naouri, 74, who controls Casino via his listed holding company Rallye. Catalina Casino was created in 1927. To find out if your name is on a Casino blacklist one would have to contact the casino. A consortium led by Kretinsky would end up owning between 50.4% and 53% of Casino shares.

Under the July agreement, 1.2 billion euros of new money would be injected into Casino and its 6. If you adored this write-up and you would like to obtain even more information regarding do888 online casino kindly visit our web site. 4 billion euros of debt would be restructured. PARIS, Oct 4 (Reuters) - Shares in French retailer Casino were suspended on Wednesday pending a statement, boosting speculation a final debt restructuring deal with creditors led by Czech billionaire Daniel Kretinsky to avert bankruptcy could be imminent. In July, France's sixth largest retailer reached an agreement in principle with a consortium led by Kretinsky's company EPGC - alongside Casino's biggest creditor Attestor, and second-biggest shareholder Fimalac - to restructure its 6.4 billion euros ($6.7 billion) debt pile.