Dutch grocery giant Laurus revealed earlier today [Wednesday] that its framework lifeline deal with French retail giant Casino could now go ahead, after it secured the necessary bank funding.

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Company spokeswoman Monique Staals told Reuters that “financing is no problem” and that Laurus hoped to have all sections of the deal signed by 3 June.


However, she cautioned: “We don’t want to tie ourselves to that date in case any small details still need to be discussed.”

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