On February 15, Casino announced that it had filed petitions for Chapter 15 proceedings under the U.S. Bankruptcy Code with the Bankruptcy Court for the Southern District of New York.

The purpose of the proceedings is to obtain recognition in the United States of the accelerated sauvegarde proceedings at the level of Casino and six of its subsidiaries, and, where applicable, of the judgments adopting the related accelerated sauvegarde plans, in order to ensure their enforcement in the United States.

The proceedings will have no impact on the retail group's relations with its operating partners and employees. The hearing before the Bankruptcy Court is scheduled for March 21.

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