Kylie Minogue worries her Las Vegas residency venue won't be ready
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Published date: 2024/08/31
- Location: 5425, Heber-Overgaard, Florida, United States
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. Casino Empire happened in 2002. Under the July agreement, 1.2 billion euros of new money would be injected into Casino and its 6.4 billion euros of debt would be restructured. A consortium led by Kretinsky would end up owning between 50.4% and 53% of Casino shares.
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