PARIS, Jan 3 (Reuters) - A consortium led by Czech billionaire Daniel Kretinsky will own and control 53.7% of French retailer Casino's share capital, while current shareholders will be massively diluted to around 0.3% of the share capital, Casino said in a statement on Wednesday.

It also said that according to a report by independent expert Sorgem Evaluation the restructuring plan is fair to current shareholders. (Reporting by GV De Clercq Editing by Chris Reese)