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Groupe Partouche SA Announces Sales of Property; Announces Opening of Safeguard Proceedings


Monday, 4 Nov 2013 12:00pm EST 

Groupe Partouche SA announced that following negotiations led by its representative in Belgium, the Belcasinos holding company has sold the Knokke casino to Napoleon Games NV for EUR 16.5 million. The former casino in San Roque, Spain has also been sold for EUR 2 million. The sale of the former casino La Grande Motte for EUR 4.5 million and the unused property in Vichy for EUR 3.3 million are under preliminary sales agreements and should be finalized in the first semester of the new fiscal year. The Company also announced that safeguard proceedings with a six-month observation period were opened for Groupe Partouche SA on September 30, 2013. 

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1.24
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25 Nov 2014