French towns from Asnieres to Sainte-Etienne are calling on President Francois Hollande’s government to save them from about 10 billion euros ($13 billion) in Dexia loans whose risks they say weren’t made clear.
Casino Guichard-Perrachon SA, the owner of France’s Monoprix and Geant supermarket chains, said it aims to revive sales in its home market after 2012 earnings beat analysts’ estimates, driven by the international business.
Casino Guichard-Perrachon SA asked Abilio Diniz to step down as chairman of its Brazilian unit, Cia. Brasileira de Distribuicao Grupo Pao de Acucar SA, after the billionaire expressed interest in joining the board of one of the retailers’s top suppliers.
BRF-Brasil Foods SA, the country’s largest food maker, rose the most in six months after its board nominated as its chairman Abilio Diniz, the chairman of Cia. Brasileira de Distribuicao Grupo Pao de Acucar.