Casino's potential stake sale in Brazilian Assai 'saves some time'

Confirms FY target for its French stores * Shares up as much as 30.5% in early trading * Q3 sales up 5.4% to 8.55 billion euros (Adds analysts' comments, share move) By Juliette Portala Oct 27 (Reuters) — French retailer Casino said on Thursday it had launched a study for the potential disposal of part of its stake in Brazilian cash-and-carry chain Assai as it looks to reduce its debt. The company, which has been facing concerns over high debts and low cash flows and hopes to complete a 4.5-billion-euro ($4.52 billion) disposal plan by the end of 2023, said a sale would raise about $500 million, depending on market conditions. The move offers reassurance on Casino's ability to respect its covenants in the first quarter next year, leading to the closing of short positions, Clement Genelot, an analyst at Bryan Garnier, said. «I'm not saying that all the problems of the group are resolved (...) but at least, we have saved some time,» he told Reuters in a call. «Casino saves the first ball game,» analysts at JPMorgan wrote in a note, adding that the company had delivered on «the most controversial areas» of covenants and liquidity. As part of its efforts to cut debt, Casino last week sealed the sale of its renewable energy business GreenYellow to Ardian, generating proceeds of 600 million euros. Casino shares rose as much as 30.5% in early trading, topping France's large- and mid-cap index SBF 120. The company is banking on an expansion of convenience stores located in city centres and its focus on e-commerce, notably home delivery through partnerships with Ocado or Amazon . «If we take an average since the beginning of the year, we have opened a Franprix every two days and a Casino convenience store every day,» Chief Financial Officer David Lubek told reporters. The firm's third-quarter total consolidated net sales rose 5.4% to 8.55 billion euros on a same-store basis from a year earlier, supported by growth in domestic and Latin American markets against an inflationary backdrop. Carrefour, Europe's largest food retailer, on Wednesday raised its cash-flow target for this year as sales growth accelerated in the third quarter.

($slot vip no 1 thailand = 0.9951 euros) (Reporting by Juliette Portala; Editing by Sherry Jacob-Phillips and Mike Harrison)

Wayne Carey throws his support behind Melbourne's India Fashion Week

Embattled AFL great Wayne Carey has thrown his support behind Melbourne's India Fashion Week.The 51-year-old has donated an auction item for the event's charity partner, the Pat Cronin Foundation, the <a style=«font-weight: bold;» class=«class» rel=«nofollow noreferrer noopener» target="_blank" website Sun reported.Carey, who has been scrubbed from TV after being caught in Perth with a bag of white powder, will attend the event alongside Kevin Sheedy, Anthony Koutoufides, Dustin Fletcher, Trent Croad, Kate Jesaulenko and Matthew Richardson.Wayne Carey (pictured) has thrown his support behind Melbourne&#39;s India Fashion Week after his white powder casino scandal saw him scrubbed from TV Wayne Carey (pictured) has thrown his support behind Melbourne's India Fashion Week after his white powder casino scandal saw him scrubbed from TVIt comes after both Channel Seven and The Age newspaper announced earlier this month that Carey would not take part in any media commitments in 2023.His departure from the media companies comes despite Western Australia Police dropping its investigation into the former North Melbourne premiership player over his latest controversy in Perth.RELATED ARTICLES


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Carey was escorted out of the casino on September 1 after a bag of white powder fell out of his pocket while he was gambling.Under siege for more details in footy mad Melbourne, an unrepentant Carey came out swinging, declaring Crown had discriminated against him for ejecting him from the venue.The 51-year-old has donated an auction item for the event&#39;s charity partner, the Pat Cronin Foundation, the Herald Sun reported The 51-year-old has donated an auction item for the event's charity partner, the Pat Cronin Foundation, the Herald Sun reportedCarey told reporters before a dinner at Wagga Wagga RSL Club in the Riverina district on September 8 that he wanted to know why police weren't called to the casino when he was kicked out.'On two occasions they had an opportunity to call police. If what was alleged had happened then police should have been called straight away,' he said.'They had another opportunity when I went up to my room to call police and they never called the police.'I want to know why because if they had called the police I wouldn't be standing here talking to you about this. If it had occurred the police would have been called.'The zip-lock bag, afterall, contained anti-inflammatory medication that he took to deal with pain from his football career, Carey maintained.Carey, who has been scrubbed from TV after being caught at Crown in Perth with a bag of white powder, will attend the event with Kevin Sheedy, Anthony Koutoufides, Dustin Fletcher, Trent Croad, Kate Jesaulenko and Matthew Richardson Carey, who has been scrubbed from TV after being caught at Crown in Perth with a bag of white powder, slot thailand will attend the event with Kevin Sheedy, Anthony Koutoufides, Dustin Fletcher, Trent Croad, Kate Jesaulenko and Matthew Richardson Determined to hang onto his jobs leading into the end of the AFL season, Carey engaged Maurice Blackburn Lawyers to take on Crown.Lawyer Josh Bornstein said his client was incorrectly ejected 'under the assumption that the bag contained an illegal drug'.'Mr Carey is prescribed anti-inflammatories and pain killing medicine to help manage the significant pain caused by debilitating football injuries — including a shoulder that needs replacing and a neck injury that requires three discs to be replaced,' he said upon taking up the Carey case.'We are considering whether Crown Casino unlawfully discriminated against Mr Carey by excluding him from its premises as a result of a pre-existing disability.'/>/>/>/>/>/>/>/><video controls="" class=«video-js vjs-default-skin» website website Mail Australia","playerId":"default","title":"Wayne Carey says he did NOTHING website Carey insists he did NOTHING wrong when a bag of white powder fell from his pocket on to a casino table — and reveals why he's disappointed' as he hints at mental health battle.website preload=«none»> It comes after both Channel Seven and The Age newspaper announced earlier this month, Carey would not take part in any media commitments in 2023 It comes after both Channel Seven and The Age newspaper announced earlier this month, Carey would not take part in any media commitments in 2023 Wayne Carey was the captain of North Melbourne Football Club and a star of the game. Pictured in 2000 Wayne Carey was the captain of North Melbourne Football Club and a star of the game. Pictured in 2000


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Officer shoots a man with a knife that is wanted across the country

A man shot by police in Nevada for wielding a knife was wanted across the country in connection to a missing man.Marcus Lee Lewis was shot multiple times by a Reno officer after they received notice of an armed man with a knife near the valet parking area of Silver Legacy Casino on December 4.Bodycam footage showed officers warning Lewis multiple times to put the knife down before one deployed a taser at him that was ineffective.Lewis was then shot multiple times and detained for resisting a public officer with a dangerous weapon and walking along an open highway.Investigators later discovered that Lewis was wanted in Virginia in a missing man case.Marcus Lee Lewis was shot multiple times by Reno officers in the parking area of Silver Legacy Casino on December 4 after he failed to put down his knife Marcus Lee Lewis was shot multiple times by Reno officers in the parking area of Silver Legacy Casino on December 4 after he failed to put down his knife/>/>/>/>/>/>/>/><video controls="" class=«video-js vjs-default-skin» website website Body Camera","playerId":"default","title":"Suspect armed with a knife shot by police outside Reno website Lee Lewis, was shot and wounded by police for brandishing a knife in Reno, Nevada.website preload=«none»> In the footage, officers can be heard talking Lewis down and begging him to drop the knife.'Drop the knife dude, c'mon,' one officer can be heard shouting as others arrived at the scene.RELATED ARTICLES


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Several officers warned Lewis to get down as the taser was shot along with another officer's firearm. Lewis was on the ground for a moment before getting up again. 'Stop dude stop, literally drop it man,' an officer yelled as Lewis continued to run away.About six shots were then shot at Lewis as he attempted to enter the casino.He refused to tell officers his name.Bodycam footage showed officers warning Lewis multiple times to put the knife down before one deployed a taser at him that was ineffective Bodycam footage showed officers warning Lewis multiple times to put the knife down before one deployed a taser at him that was ineffectiveSeveral officers warned him to get down before opening fire when he almost walked into the casino with a knife Several officers warned him to get down before opening fire when he almost walked into the casino with a knifeOfficers then detained Lewis and took him to a local hospital Officers then detained Lewis and took him to a local hospitalLewis was seen in the casino parking area above Lewis was seen in the casino parking area aboveLewis was taken to the hospital in critical condition and later identified as the man connected to the disappearance of 35-year-old Joshua Dee Bradford, according to WHSV.Bradford was last seen in Luray, Virginia with Lewis on September 3.

The missing man was described as a 5'11 and slot vip no 1 thailand 170 pound white man with brown eyes. He was last seen getting into Lewis' 2009 Blue Chevrolet Malibu and is known in the Virginia area.Investigators later discovered that Lewis was wanted in connection to a missing Virginia man he was last seen with in September. Pictured: Joshua Dee Bradford Investigators later discovered that Lewis was wanted in connection to a missing Virginia man he was last seen with in September.

Pictured: Joshua Dee BradfordBradford was last seen in Luray, Virginia with Lewis on September 3 Bradford was last seen in Luray, Virginia with Lewis on September 3He was seen getting into Lewis&#39; 2009 Blue Chevrolet Malibu He was seen getting into Lewis' 2009 Blue Chevrolet Malibu