Kretinsky-led consortium wins EU OK to take control of Casino

By Dominique Vidalon

PARIS, Jan 8 (Reuters) – A consortium led by Czech billionaire Daniel Kretinsky has won EU antitrust approval to take control of France’s debt-laden Casino, the supermarket operator said on Monday.

Current shareholders will be massively diluted under a restructuring deal which will end the 30-year reign of 74-year-old Jean-Charles Naouri, who controls Casino through his listed holding company Rallye.

Kretinsky’s consortium will own and control 53.7% of Casino’s share capital under the deal, which calls for 1.2 billion euros f new money to be injected into Casino, as well as a 6.1 billion euro reduction of Casino’s debt.

The plan requires additional regulatory approvals including authorisation from the French finance ministry under foreign investment rules, and a waiver from the stock market regulator to avoid starting formal public takeover proceedings.

NEW STRIKE NOTICE

Casino

said

on Dec. 18 it had also entered exclusive talks to sell all of its big stores in France — 313 hypermarkets and supermarkets — to retailers Les Mousquetaires and Auchan Retail.

Trade unions, who have said they fear Casino could be dismantled as the stores are sold, said on Monday they had decided to issue a new strike notice starting Jan. 9 and ending Feb 5.

This comes as Casino shareholders and creditors have until Jan. 11 to approve an accelerated protection procedure Casino had entered into in October 2023 to help finalise the deal to restructure its debt. In December that procedure extended by two months to Feb. 25.

(Reporting by Dominique Vidalon, writing by Tassilo Hummel; editing by Jason Neely)

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Kim Zolciak and Kroy Biermann drop asking price by $1 MILLION

Kim Zolciak and her estranged husband Kroy Biermann have once again dropped the price on their famed Georgia mansion.

The warring couple have reduced the asking price by $1,000,000, TMZ reports.

The home was originally put on the market for $6 million last year, but in December it was reported they had dropped the price to $5.5 million.

It is now available for $4.5 million.

Zolciak and the former NFL player initially purchased their home in 2012 for $880,000, TMZ reported in October amid news of the home going on the market. 

Kim Zolciak and her estranged husband Kroy Biermann have once again dropped the price on their famed Georgia mansion; pictured 2017

The warring couple have dropped the asking price on their Georgia residence by $1,000,000, TMZ reports 

The estranged celeb couple made headlines in December after a November 20 fight outside of the home was caught on police camera that went public.

In the altercation – in which police said one of their four young kids called 911 – Biermann called Zolciak a ‘narcissist;’ claimed she had been ‘f***ing other men;’ and said he was frustrated by ‘her inability to f***ing solve problems, or address them, or do anything.’

He told responding police officers that their lives were ‘destroyed’ amid the pileup of problems and relationship ups-and-downs.

‘There’s no money!’ Biermann said. ‘There’s no house! We’re getting divorced one day, we’re not the next! She’s f***ing other men! What do you want?’

In surveillance footage, Zolciak sat in a Range Rover weeping as she told officers Biermann had been ‘screaming at [her] for, like, two hours like a crazy person,’ adding, ‘I just said I wanted to get a divorce, I just wanted it to be over.’

She told police: ‘I mentally and physically and emotionally can not take this any longer.’

Biermann and Zolciak’s ongoing inability to get along also made headlines in October, when a judge in their ongoing split ordered Zolciak to reside in the basement of the home she and Zolciak share, TMZ reported after reviewing court docs.

Biermann – who was recently ordered to turn over his BMW amid missed payments for more than a year –  was ordered to stay in the primary bedroom of the abode, the judge said adding that ‘neither party shall enter the other party’s individually awarded space in the marital residence without permission.’

The estranged celeb couple made headlines last month after a November 20 fight was caught on police camera that went public 

Biermann called Zolciak a ‘narcissist;’ claimed she had been ‘f***ing other men;’ and said he was frustrated by ‘her inability to f***ing solve problems, or address them, or do anything’

In surveillance footage, Zolciak sat in a Range Rover weeping as she told officers, ‘I just said I wanted to get a divorce, I just wanted it to be over’

She told police: ‘I mentally and physically and emotionally can not take this any longer’

Both parties are permitted to venture into the home’s common areas, including the living room and kitchen. 

The mansion, which was built in 2008, is situated on a golf course and has a number of amenities, including a pool in the backyard, a gym, a movie theater, a bar, a wine cellar and arcade.

Zolciak gave fans a glimpse at the home on her Bravo spinoff Don’t Be Tardy, showing off the interior of the luxe abode. She said at the time: ‘I absolutely love our new home – Kroy and I are the king and online casino sports queen of this f***ing house, so this is perfect for us.’

The brick and stone home, which is set adjacent to The Manor golf course, is gated and includes a motor court ahead of the entrance to the home, according to a Zillow listing.

The home’s entrance leads to a two-story entry foyer with a curved staircase and open gallery, with an adjacent dining room and study with a designer chandelier and custom fireplace.

The kitchen of the home, according to the listing, has a large island, countertops, custom cabinets and Sub-Zero/Wolf appliances. A family room on the home’s main level has a cathedral ceiling with ample seating, a fireplace and a crystal chandelier.

A full-size bar features floor-to-ceiling woodwork with a wine refrigerator, ice maker, dishwasher, and drink cooler.

The main suite in the home is centered around a sitting room and fireplace, along with a bathtub and shower, and walk-in closet. In the backyard of the abode, a covered veranda overlooks the heated pool and spa, along with an in-ground trampoline.

Biermann was pictured at Zolciak’s 2016 birthday bash in Atlanta 

Zolciak, pictured on an episode of Watch What Happens Live, has been featured on a number of reality shows  

In the legal documents Biermann filed in September, the former Atlanta Falcons player requested the court allow him to move forward in putting the family’s Milton, Georgia mansion on the market, stating it was on the brink of foreclosure.  

Biermann and Zolciak have been hindered by major financial and relationship problems in recent months, having initially split in May before calling off their divorce in July. 

They have reconciled and split up since then multiple times amid their ongoing family financial crisis, as Biermann in May called Zolciak a ‘compulsive behavior addict’ who had squandered $1.5 million dollars of the family fortune gambling.

The NFL alum made the allegations against Zolciak after she called police May 4 at their Milton, Georgia mansion, prior to his first divorce filing.

The accusations about Zolciak’s gambling losses were seen in a Milton Police Department bodycam video after officers responded to the home after Kim reported a domestic dispute.

The footage was obtained by RadarOnline.com after Biermann and Zolciak filed for divorce from one another amid a 12-year marriage.   

Biermann – who was cautious as he spoke to law enforcement in hopes Zolciak would not hear him- called the Bravo personality a ‘narcissist to the extreme level.’

Biermann said that Zolciak’s penchant for gambling had grown exponentially in recent years.

Zolciak gave fans a glimpse at the home on her Bravo spinoff Don’t Be Tardy, showing off the interior of the luxe abode 

Zolciak was beaming as she posed on one of the curved staircases at the entrance of the home 

A full-size bar features floor-to-ceiling woodwork with a wine refrigerator, ice maker, dishwasher and drink cooler 

The Bravo star was seen on her series Don’t Be Tardy touring the opulent stone-lined backyard 

The study of the abode is flanked by floor-to-ceiling woodworking  

An entertaining area in the home dubbed the ‘Hollywood Room’ boasts high ceilings 

The reality star’s home features a fully-functional salon area 

Ariana Biermann’s room was well curated with a canopy bed and matching drapes 

‘It’s probably been going on for pretty much our entire marriage and it’s gotten significantly worse,’ Biermann said of Zolciak, who was pictured at a Bitcoin ATM in June in Atlanta. ‘In the last two years, she’s gambled away $700,000 – just in the last two-and-a-half years.’

He added: ‘The total in the marriage was about $1.5 million dollars – and she does it online.’

In the incident, Zolciak told police that Biermann had locked in a safe a cache of valuable items she owned that were worth $175,000 – including designer purses and jewelry – and hid the key from her. 

Biermann said he believed the lot of items fell under the classification of community property, adding of the items: ‘The problem is these are the assets, there are no [other] assets to go to.’

Biermann told police that the Don’t Be Tardy alum ‘has decimated everything’ with her penchant for gambling; he added that some of her gaming activity was illegal.

Zolciak and Biermann’s four kids – Kroy Jr., 12, Kash, 11, and twins Kane and Kaia, 10 – were at home at the time of the altercation. 

Biermann had adopted Zolciak’s older children from previous relationships – Brielle, 26, and Ariana Biermann, 22 – when they were minors in the couple’s earlier years. 

Brielle has also been dogged by financial issues as of late, as she was sued by American Express over an unpaid balance. 

The former couple was pictured last year attending a Post Malone concert in Atlanta  

They have reconciled and split up since then multiple times amid their ongoing family financial crisis 

Biermann in May called Zolciak a ‘compulsive behavior addict’ who had squandered an astounding $1.5 million dollars of the family finances gambling

Zolciak sold off some of daughter Brielle Biermann’s designer goods in July to drum up funds, with asking prices up to $20,000 for the high-ticket items. 

In their first two months of being split – in which both asked the court for sole legal and physical custody of their four younger children – Zolciak and Biermann took issue with one another in court documents.

Zolciak said that Biermann smokes marijuana, calling into credibility his ability to raise their kids; while Biermann claimed that Zolciak’s gambling habit has consumed her time and decimated the family finances.

Biermann told officers they had continued to sleep in the same bed but did not engage with one another.

News broke in July that the reality TV pair had decided not to split, withdrawing their divorce papers in Superior Court of Fulton County in Georgia. 

They were seen shortly before attending a church together in Atlanta.

Biermann and Zolciak, pictured in Las Vegas in 2020, have publicly clashed over the family finances, with Biermann alleging that Zolciak ‘has decimated everything’ with her penchant for gambling

Kim and Kroy’s trips to the casino were documented on her Bravo series Don’t Be Tardy

Kroy told police that Kim had ‘gambled away $700,000 – just in the last two-and-a-half years’

Kim’s predilection for online and casino gaming had caused a rift in the 12-year union 

Biermann was pictured during a preseason game for the Atlanta Falcons in 2014. He played for eight seasons in the NFL 

Zolciak rose to fame as a member of the cast of Bravo’s The Real Housewives of Atlanta, and parlayed her popularity into the spinoff Don’t Be Tardy… on Bravo. She also competed on five episodes of Dancing with the Stars in 2015.

Biermann was drafted into the NFL in 2008 after attending Montana, and played eight seasons, all for the Falcons. 

He had his most productive year on the field in 2012 when he started 14 games, racking up 36 tackles, three sacks and scoring a touchdown on an interception.

The pair exchanged vows in a lavish $1 million wedding on November 11, 2011 – marking the date 11/11/11 – at their Georgia mansion.

Kim Zolciak-BiermannGeorgiaKroy Biermann

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