The transaction should reduce the group and Casino holding company debt by up to EUR3.3bn, including
Big C's around EUR250m of net debt.
America today has a growing advantage in what the former Assistant Energy Secretary Andy Karsner calls "the three
big C's: code, crude and capital.'' If only we could do tax reform, and replace payroll and corporate taxes with a carbon tax, we'd have a formula for resiliency and success far better than any of our adversaries.
Whether they believe it is the right thing to do for ratings, or for cost containment, or both, the two "
Big C's" are rapidly nationalizing the programming across their groups.