Casino Guichard announces extension of deadline to enter lock-up

By Wendy Van Sickle

Columbus, Ohio, Sept. 29 – Casino Guichard-Perrachon SA announce the extension until Oct. 3 of the deadline to enter into a lock-up agreement with its creditors, according to an announcement on Sept. 29.

The company said the extension will enable ongoing negotiations to continue.

In July, the company said it expected there to be a lock-up agreement in place in September that would allow for the opening of accelerated safeguard proceedings by October.

The company said at that time that it expected all restructuring operations to be effective during the first quarter of 2024.

Casino Guichard-Perrachon is a Saint-Etienne, France-based food and non-food retailer.

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