date:May 13, 2014
Spencer is expected to take over 6 shops that will be MS Food stores. The remaining shops were bought by independent retailers, of which two are organic supermarkets.
By selling these 55 shops in Paris, Casino is complying with requirements from the French Competition Authority, who gave the green light for them to buy the whole of Monoprix, on the condition that they sell 55 shops in Paris (to avoid the group becoming too dominant in the capital).
Casino acquired the whole of Monoprix