1 deck published between 2016-01-13 and 2016-01-13 — 9 pages, 9 analysed slides total.
Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.
Casino is a highly-levered, deteriorating French retailer being hollowed out by controlling shareholder Naouri and using property-sale gains to inflate EBITDA; equity worth ~€7 per share.