Casino Said to Weigh Paris IPO for Renewable Arm GreenYellow (2)

March 18, 2021, 12:32 PM UTC

Casino Guichard-Perrachon SA is considering an initial public offering of renewable energy provider GreenYellow SAS, as the French retailer moves ahead with debt reduction plans, people familiar with the matter said.

A listing of GreenYellow is among several possibilities under consideration, the people said, asking not to be identified because the information is private. Casino is studying Paris as a potential listing venue for the business, one of the people said.

Shares of Casino jumped as much as 8.4% in Thursday trading, hitting the highest intraday level since July. The stock was up 4.8% at 13:21 p.m. in Paris, ...

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