--France's Casino has entered exclusive talks to sell its Leader Price chain of discount stores to Germany's Aldi, French business daily Les Echos reports, citing sources familiar with the matter.

--The deal could be worth substantially more than 400 million euros ($442.1 million), and could close in the next four to five weeks, Les Echos reports.

--Both retailers declined to comment, Les Echos says. Casino shares trade 2.8% higher at EUR44.04.

Full story: https://bit.ly/2lW06xt

Write to Barcelona editors at barcelonaeditors@dowjones.com

(END) Dow Jones Newswires

September 19, 2019 10:59 ET (14:59 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Casino Guichard Perrachon (CE) (USOTC:CGUSY)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Casino Guichard Perrachon (CE) Charts.
Casino Guichard Perrachon (CE) (USOTC:CGUSY)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Casino Guichard Perrachon (CE) Charts.