My Financial News from Czech Republic, Debt

from Bing and Google News
Czech Republic , Thursday 16 April 2026

Casino clinches debt deal led by Czech billionaire Kretinsky

Published on: Thursday 27 July 2023

Casino clinches debt deal led by Czech billionaire Kretinsky Casino said on Friday it had agreed a long-awaited debt restructuring deal with creditors led by Czech billionaire Daniel Kretinsky to avert bankruptcy, but its shares fell 11% as it reiterated shareholders would be "massively diluted".


News source: https://www.reuters.com/article/casino-restructuring/update-4-casino-clinches-debt-deal-led-by-czech-billionaire-kretinsky-idUSL8N39E1ED

Share this news on:  

RELATED NEWS

» "Welfare abuse" in the Czech Republic? Actually, just 12 % of those entitled to benefits and living in social exclusion even draw them.
» Czech Republic Expanding Nuclear Power Program
» Czech National Bank review: One step closer to a rate cut
» Casino clinches debt deal led by Czech billionaire Kretinsky
» The Czech Republic is suing Russia for unpaid rent on communist-era buildings

HEADLINE NEWS