French supermarket group Casino said on Monday that it wanted to increase its stake in Dutch peer Super de Boer from 45% to 51%.
Casino wants to buy some seven million shares at €3.80 from shareholding group Amber. Amber will retain a 12% stake.
Casino said it was basing its decision on recent developments in the Dutch market – referring to the ongoing talks on the sale of Ahold’s 73% stake in rival Schuitema.
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