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It looked like a precarious debt pile and a band of short-sellers might finally topple Jean-Charles Naouri’s Casino empire. But the steely septuagenarian had one more card to play:

Jean-Charles Naouri's grip on the French retailer is slipping

$CO #Casino  Guichard-Perrachon et Cie. S.A. Casino Guichard Perrachon - AGM 07 May 2019: FINANCIAL SITUATION Casino is the subject of speculation by some investors due to the indebtedness of the controlling holding company of Jean-Charles Naouri,…

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Jean-Charles Naouri, CEO of Group Casino: With this new partnership, we will be able to offer the greatest number of customers the best products and services whenever and wherever they wish #retail  #Amazon  #CasinoGroup  #PrimeNow 

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Jean-Charles Naouri, CEO of Group Casino: This announcement represents a new step in strengthening Casino’s omnichannel strategy to always be a little more in the heart of consumers’ live #retail  #Amazon  #CasinoGroup  #PrimeNow 

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'We have 18 hedge funds shorting us, which makes us probably the most shorted stock in Europe'. Casino chief executive Jean-Charles Naouri say the hedges funds that are betting against the French retailer are doomed to failure.

Rallye, the crucial tier in Jean-Charles Naouri's wedding cake of debt

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