Xavier Niel lends his support to the boss of the Casino, Jean-Charles Naouri, arrested this Thursday morning as part of an investigation for price manipulation and insider trading.
“I have a relationship with him for a few years” and “he is someone I like,” said Xavier Niel this Thursday night in BFM business. Jean-Charles Naouri is “a fantastic boy, who has done a lot” and who has made “a great journey”, he said.
The Casino group is currently at the center of a battle for control, a battle involving Xavier Niel. Two offers have been made: that of the Czech billionaire Daniel Kretinsky and that of Teract, which brings together In Vivo agricultural brands and cooperatives.
To win the bet, Teract is ready to invest. The group’s founders, Xavier Niel, Moez-Alexandre Zouari and Matthieu Pigasse, would equally invest in a separate structure from Teract, even if the Free founder was largely the funder. They hope they can compete with Daniel Kretinsky’s offer.
Source: BFM TV
