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It said on Monday it will receive $400 million from the sale of its stake in Almacenes Exito, at a price of $0.9053 per share, while its unit Grupo Pao de Acucar (GPA), which also has a stake, will receive $156 million. Digitain provides a wide range of high-quality goods and services, such as our own sportsbook, casino, live dealer, esports, and quick games, which are distributed across all channels, including internet, mobile, and retail.
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Casino said in a trading update for France that it now expected full-year EBITDA (earnings before interest, tax, depreciation and amortisation) after lease payments to be 100 million euros ($105.4 million) instead of the 214 million forecast in July. "Casino has reached a major milestone in its financial restructuring process by obtaining the agreement of its main creditors on a financial restructuring plan," CEO and controlling shareholder Jean-Charles Naouri said in a statement.
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