May 16, 2022 7:16 AM 1 min read

French Retailer Casino Plans To Sell Its Energy Unit

by Shivani Kumaresan Benzinga Staff Writer
Follow
Comments
  • French retailer Casino Group or Casino Guichard Perrachon SACGUSY has launched a process to sell its energy subsidiary GreenYellow.
  • Energy giant TotalEnergies SE TTE and power company ENGIE SA ENGIY were in the fray to acquire GreenYellow, valued at about $1.56 billion, Reuters reported.
  • GreenYellow had raised about €200 million in February to support future growth.
  • Casino targets to close the transaction by 2022 end.
  • Price Action: TTE shares closed higher by 3.50% at $53.50 on Friday.
CGUSY Logo
CGUSYCasino Guichard-Perrachon SA ADR
--%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum-
Growth-
Quality-
Value-
Price Trend
Short
Medium
Long
Overview
ENGIY Logo
ENGIYEngie SA
--%
TTE Logo
TTETotalEnergies SE
$64.51-1.03%
Market News and Data brought to you by Benzinga APIs

© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Posted In:
M&ANewsPenny StocksSmall CapMediaBriefs

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga

© 2025 Benzinga | All Rights Reserved