CASIGRANGI signed a memorandum of understanding to acquire 42.32% stake in Société Française de Casinos Société Anonyme from Verneuil Finance Société anonyme, Foch Investissements SNC and others for 3.7 million.
The final completion of these acquisitions remains subject to the lifting of conditions precedent including obtaining the authorization of the Minister of the Interior in accordance with the provisions of Article L.323-3 of the Internal Security Code, the other conditions suspensive being usual. As of November 4, 2020, the transaction was approved by Ministry of the Interior.