Groupe Auchan SA signed an agreement to acquire an additional 10% stake in Societe Magasin General S.A. (BVMT:MAG) on October 30, 2012. As a result of the transaction Groupe Auchan's stake in Societe Magasin will increase to 38%. The deal is subject to regulatory approval. Gide Loyrette Nouel acted as legal advisor to Groupe Auchan SA.

Groupe Auchan SA completed the acquisition of an additional 10% stake in Societe Magasin General S.A. (BVMT:MAG) on November 3, 2012.