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Partouche takes stake in Europeenne de Casinos

Partouche’s acquisition of a 6.6% stake in Europeenne de Casinos has caused the property market to buzz.

A question mark remains over whether this act was a defensive one or whether the group did it deliberately to ruffle the feathers of French property group Accor. The transaction cost Partouche ¬14m.

Les Echos, 03 January 2001, p1 & 17

 

 

 

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