FRANCE: Casino, Galeries Lafayette buyout talks stall

By Michelle Russell | 27 February 2012

The ongoing dispute between Galeries Lafayette and Casino over ownership of the Monoprix joint venture looks set to continue as the two firms remain embroiled in a deadlock over the valuation of Galeries Lafayette's 50% stake in the retail banner.

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The ongoing dispute between Galeries Lafayette and Casino over ownership of the Monoprix joint venture looks set to continue as the two firms remain embroiled in a deadlock over the valuation of Galeries Lafayette's 50% stake in the retail banner.

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