French retailer Casino finalises rescue deal led by Czech tycoon
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2024-08-26 10:48
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The company made the disclosure in a regulatory filing on Thursday evening, nearly a month after hackers caused massive disruptions that froze online booking systems, knocked slot machines offline, and even disabled digital locks on hotel room doors. Thursday's announcement finalises a July agreement in principle which called for 1.2 billion euros ($1.26 billion) of new money to be injected into Casino, as well as a reduction of Casino's debt by 6.1 billion euros.
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. We have no evidence that the criminal actors have used this data to commit identity theft or account fraud.' 'We also believe a more limited number of Social Security numbers and passport numbers were obtained.
Casino will formally change hands at the end of March next year. The deal massively dilutes shareholders and will bring to an end the 30-year reign of 74-year-old Naouri, who controls Casino through his listed holding company Rallye. During the eight-day national holiday, which runs until Friday, the number of daily visitors has surged more than five times from last year, taking hotel occupancy rates beyond 90%, executives said, speaking on condition of anonymity.
HONG KONG, Oct 6 (Reuters) - Hundreds of thousands of visitors have flocked to the Chinese-controlled regions of Macau and Hong Kong since Sept. 29, data shows as China wraps up its Golden Week holiday, although the figures amounted to just about 85% of pre-pandemic levels. That's in contrast to Caesars Entertainment, which suffered no public disruptions after reportedly paying about $15 million to hackers in a breach last month, believed to have been carried out by the same Russia-linked ransomware gang that struck MGM.
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. After the attack last month, videos posted from MGM properties on the Las Vegas Strip, including ARIA and Bellagio, showed painfully long check-in lines, and some slot machines that were knocked offline.
(Reporting by Farah Master and Dorothy Kam; Editing by Clarence Fernandez) The store closures followed the anti-government protests that year and a subsequent crackdown, which hit retail sales that were next battered by nearly three years of stringent COVID rules. In the event you loved this information as well as you would like to be given details concerning เครดิตฟรี ip ไม่ ซ้ํา kindly go to our own web site. Mass gaming revenues have bounced back to pre-COVID levels, however, analysts said, citing a recovery of more than 100%, although earnings in the coveted "big-whale" VIP category was an estimated 15% of before. 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.
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. We have no evidence that the criminal actors have used this data to commit identity theft or account fraud.' 'We also believe a more limited number of Social Security numbers and passport numbers were obtained.
Casino will formally change hands at the end of March next year. The deal massively dilutes shareholders and will bring to an end the 30-year reign of 74-year-old Naouri, who controls Casino through his listed holding company Rallye. During the eight-day national holiday, which runs until Friday, the number of daily visitors has surged more than five times from last year, taking hotel occupancy rates beyond 90%, executives said, speaking on condition of anonymity.
HONG KONG, Oct 6 (Reuters) - Hundreds of thousands of visitors have flocked to the Chinese-controlled regions of Macau and Hong Kong since Sept. 29, data shows as China wraps up its Golden Week holiday, although the figures amounted to just about 85% of pre-pandemic levels. That's in contrast to Caesars Entertainment, which suffered no public disruptions after reportedly paying about $15 million to hackers in a breach last month, believed to have been carried out by the same Russia-linked ransomware gang that struck MGM.
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. After the attack last month, videos posted from MGM properties on the Las Vegas Strip, including ARIA and Bellagio, showed painfully long check-in lines, and some slot machines that were knocked offline.
(Reporting by Farah Master and Dorothy Kam; Editing by Clarence Fernandez) The store closures followed the anti-government protests that year and a subsequent crackdown, which hit retail sales that were next battered by nearly three years of stringent COVID rules. In the event you loved this information as well as you would like to be given details concerning เครดิตฟรี ip ไม่ ซ้ํา kindly go to our own web site. Mass gaming revenues have bounced back to pre-COVID levels, however, analysts said, citing a recovery of more than 100%, although earnings in the coveted "big-whale" VIP category was an estimated 15% of before. 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.
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