date:Sep 30, 2019
bankers to present them the principles of their draft safeguard plan. Casino Chairman and CEO Jean-Charles Naouri in May had placed the retailers parent companies Rallye, Finatis and Fonciere Euris under protection from creditors in a bid to save the group from collapse. Rallye, Fonciere Euris, Finatis and Euris said in a statement the draft plan - drawn up with the assistance of judicial administrators - involved the repayment over a ten-year period of all liabilities.
Source: reuters.com
UK: