(Adds detail)
PARIS, June 7 (Reuters) - French retailer Casino CASP.PA has received three preliminary offers for its renewable-energy business GreenYellow, with bids around 1.5 billion euros ($1.60 billion) each, a source with knowledge of the matter said on Tuesday.
Macquarie (MQG) I Squared Capital and Dutch company SHV had made preliminary offers as of June 2, the source said, adding that other potential bidders had asked for more time to put together a possible offer.
BFM TV earlier on Tuesday said GreenYellow had not attracted much interest from potential buyers in the French energy sector, hitting Casino shares in early trade.
They were down 5% at 16.85 euros by 1449 GMT. Casino, which has embarked on a plan to sell non-core assets to cut debt, said last month that it had launched a process to sell GreenYellow, aiming to seal a potential deal by the end of the year.
GreenYellow, which produces low-cost electricity and helps reduce companies' power consumption, said in February it had raised about 200 million euros to support future growth.
($1 = 0.9350 euros)
News: MQG UPDATE 1-Casino gets 3 preliminary offers for GreenYellow energy business - source
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$223.62 |
Change
-2.550(1.13%) |
Mkt cap ! $85.23B | |||
| Open | High | Low | Value | Volume |
| $226.12 | $226.12 | $221.09 | $131.9M | 591.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 214 | $223.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $223.62 | 508 | 2 |
View Market Depth
| Last trade - 16.10pm 17/09/2025 (20 minute delay) ? |
| MQG (ASX) Chart |