Casino received more than 10 offers for Vietnamese assets: source

Reuters

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A Big-C Supercentre is pictured on the outskirts of Bangkok, Thailand. A person familiar with the process said bids valued Big C Vietnam at more than €1 billion. A Big-C Supercentre is pictured on the outskirts of Bangkok, Thailand. A person familiar with the process said bids valued Big C Vietnam at more than €1 billion.

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French retailer Casino has received more than 10 offers for the sale of its interests in Vietnam, some of them topping 1 billion euros ($1.11 billion), a source close to the matter told Reuters on Tuesday.
Japan's Aeon and Vietnam's Masan are among the bidders and definitive offers are expected by mid-April, the source added.
Casino said in January it wanted to raise around 4 billion euros this year through divestments in Colombia, Thailand and Vietnam.
Casino's Vietnamese assets are worth at least $750 million according to people familiar with the matter.

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