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INTERVIEW-Retailer Casino confident could exceed asset sale goal

PARIS, Feb 8- Casino could beat a 4 billion euro asset disposal target this year following the sale of its Thai business, the French retailer's finance chief said on Monday. The sale of a 58.6 percent stake in Big C for 3.1 billion euros, excluding debt, to Thailand's TCC Group is part of a plan by Casino to reduce its 6 billion euros of debt. Casino's sale of its Big C...
Source: Reuters | By: Dominique Vidalon
UPDATE 2-Investors in Thai Big C cheer $3.5 bln stake sale, rival bid seen unlikely

BANGKOK, Feb 8- Investors in Big C, one of Thailand's largest supermarket chains, cheered on Monday an up to $3.5 billion deal by France's Casino Group to sell its majority holding to TCC Group, owned by whiskey tycoon Charoen Sirivadhanabhakdi. Shares in Big C Supercenter hit a 13- month high of 251 baht on Monday, just below the offer price of 252.88 baht, and jumped...
Source: Reuters | By: Khettiya Jittapong and Manunphattr Dhanananphorn
European shares steady in early trading, miners advance

LONDON, Feb 8- European shares steadied in early trading on Monday after steep losses in the previous week, with some encouraging company updates and stronger mining stocks underpinning the market. Casino shares rose 5 percent after the French retailer said it had agreed to sell its majority stake in Thai hypermarket operator Big C Supercenter for 3.1 billion...
Source: Reuters
UPDATE 1-Thai Big C, Berli Jucker shares surge after Casino agrees to sell stake

BANGKOK, Feb 8- Shares in Thailand's Big C Supercenter surged more than 9 percent to a 13- month high on Monday after France's Casino Group agreed to sell its majority stake in the Thai hypermarket operator to TCC Group at a premium. The French retailer said on Sunday it had agreed to sell its 58.6 percent of Big C to TCC Group at 252.88 baht per share, a 28 percent...
Source: Reuters | By: Khettiya Jittapong
Thai Big C, Berli Jucker shares surge after Casino agrees to sell stake

BANGKOK, Feb 8- Shares in Thailand's Big C Supercenter surged more than 9 percent to a year high on Monday after France's Casino Group agreed to sell its majority stake in the Thai hypermarket operator to TCC Group. At 0303 GMT, Big C shares were up 9.6 percent to 249 baht, the highest since late January 2015, while the overall market index was up 0.16 percent.
Source: Reuters
Nikkei snaps 4-day losing streak to end up 1%

Japan's NIkkei 225 retraced losses of as much as 1.5 percent in afternoon trade to close 184.71 points, or 1.10 percent, higher.
Source: CNBC.com | By: Saheli Roy Choudhury
UPDATE 2-Casino Group to sell Big C stake to Thai TCC Group

*Deal to boost tycoon Charoen's retail presence in Thailand. HONG KONG/ BANGKOK, Feb 7- France's Casino Group has agreed to sell its majority stake in Thai hypermarket operator Big C Supercenter for 3.1 billion euros excluding debt to Thailand's TCC Group, it said on Sunday. Casino announced a 4- billion-euro disposal plan in 2016, including the sale of its...
Source: Reuters | By: Denny Thomas and Khettiya Jittapong
Casino confirms will sell Big C stake to Thai TCC Group

PARIS, Feb 7- French retail group Casino said on Sunday it had signed an agreement to sell its stake in Big C Supercenter for 3.1 billion euros excluding debt to Thailand's TCC Group. The sale will allow Casino to reduce its debt by 3.3 billion euros and will be realised by March 31, it said in a statement. A person with direct knowledge of the matter earlier told...
Source: Reuters
DEALTALK-Suitors for Casino's Asia assets will have to face off against Thai tycoons

*Thailand's Central Group seen as frontrunner. SINGAPORE/ HONG KONG, Jan 29- French retail group Casino's sale of its Thai and Vietnam units has drawn the eye of Singapore's Dairy Farm International Holdings and South Korea's Lotte Shopping but they'll need punchy bids to go up against deep-pocketed Thai tycoons, bankers said. Central Group, Thailand's biggest...
Source: Reuters | By: Saeed Azhar and Denny Thomas