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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 once a restructuring plan is completed, Casino said on Wednesday.<br><br>Current shareholders will be massively diluted to around 0.3% of the share capital, it added.<br><br>The statement also cited a report by independent expert Sorgem Evaluation that found the restructuring plan was fair to current shareholders.<br><br>[https://getb8.us Casino] said that - according to Sorgem's report - without implementation of the restructuring plan, the group's enterprise value of 3.71 billion euros ($4.05 billion) (as implicit in the subscription price of the capital increase reserved for the consortium), is well below its net debt of 7.88 billion euros.<br><br>Under these conditions, the economic value per 100 shares is zero. After implementation of the plan, the value of these 100 shares would be around 5 euros, which Casino said represented a value "very close to" the subscription price of the capital increase reserved for the consortium.<br><br>As part of its restructuring, [https://getb8.us Casino] said on Dec. 18 it had entered into exclusive talks to sell all of its big stores to Les Mousquetaires and Auchan Retail.<br><br>[https://getb8.us Casino], which has warned of likely losses for 2023 for its core French business, is racing to finalise a bailout to avoid bankruptcy early this year. ($1 = 0.9172 euros) (Reporting by GV De Clercq Editing by Chris Reese and Barbara Lewis)<br><br>If you have any thoughts pertaining to in which and how to use [https://getb8.us bonus kod casino], you can contact us at our own web-site.
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