Retailer Casino to sell Leader Price assets in France to Aldi
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PARIS (Reuters) - Debt-laden French retailer Casino has agreed to sell its 567 Leader Price stores in France, plus three warehouses, to German discount rival Aldi in a deal with an enterprise value of 735 million euros (674.38 million pounds), it said on Friday. The sale of discount chain Leader Price marks the latest in a series of disposals by Casino as part of plans to cut debt and improve its financial position. Casino has often struggled within the competitive domestic French market, where..