Multinational Index: Groupe Casino is revenue growth king

French retailer Groupe Casino tops Latin Trade’s third-quarter Multinational Index by growth. Casino’s revenues reached $5.5 billion in the period, up 18 percent from the third-quarter last year. In November this year, Casino announced its decision to dispose of its Brazil-based furniture and electronics retail unit Via Varejo. The plan is to focus on its food business through its hypermarkets and supermarkets.   On second place, with a 10 percent growth in revenues is U.S.-based industrial gases company Praxair. In late November, Praxair revived its interest in merging with Germany’s Linde, a move backed by Linde’s supervisory board Chairman Wolfgang Reitzle. On the other side of the ranking, with a 44 percent plummet in revenue is U.S. oil field services […]

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