The action of the distributor Casino fell 9% on Friday in the first exchanges of the Paris Stock Exchange, after the announcement of the opening of a conciliation procedure to renegotiate its large debt.
Suspended since Tuesday pending this announcement, the title lost 9.62% to 6.11 euros around 9:10 a.m. (07:10 GMT) and the action of its parent company Rallye also fell by 8% to 0.92 euros. The first has lost more than a third of its value since the start of the year and Rally around 65%.