Partouche Group: The AGM confirmed the development plan. The last general meeting of Groupe Partouche has confirmed the upcoming takeover of casinos with the group Didot Bottin. The transaction could be completed by the end of June. .
Didot Bottin will transfer much of its activity pole casino before the summer, and even probably by late June. This was confirmed Friday Patrick Partouche, director general of the group, told shareholders attending a meeting.
Didot Bottin The group has sold five facilities, four in UK, the fifth being located in Switzerland. The whole constitutes a turnover of 110 million euros, slightly more than 4% market share french. In addition, discussions are continuing with the investment fund Permira and Cinven, to provide more funding to the group of casinos.
A change of control could even speak, Isidore Partouche, who holds nearly 60 % stake in the group, being willing to let dilute below the 50% threshold under the operation. In these circumstances, a takeover would be proposed to shareholders of Groupe Partouche.
The smoking ban in bars, tobacconists, restaurants, discotheques and casinos will apply from 1 January and there will be “no tolerances”, has reaffirmed Monday the Health Minister Roselyne Bachelot. “If you go to your eve and want to take a small black bar at the bottom of your home-if it is open, you will not be allowed to smoke in this establishment”, Minister has said on Canal +.
When asked about who will be responsible for enforcing the law, Ms. Bachelot said that “are the usual agents, police, policemen, doctors, public health, safety agents da city of Paris.”. “There is no need” additional staff, said the minister, noting that “the boss of the institution guarantees the rule of law”.
“The decree is ready for a year, everyone is aware that it will apply. One person was taken into traitor”, recalled the minister, adding that “the problem does not bother anyone, is to prevent 66,000 deaths per year by active smoking and more than 5,000 deaths per year by passive smoking”.
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