Economy

Chicken… Butter… Cheese… Chopped steaks… Sausage… In recent weeks, there have been many health alerts! Since Thursday, June 8, it is the turn of a star product from the charcuterie platter to be the subject of a recall throughout France.

Indeed, slices of roast pork on sale in U stores are subject to a recall procedure due to a packaging defect that may present a risk of bacterial development. To protect consumers from any risk, the government platform has shared the urgent information regarding this recall.

Recall procedure in the delicatessen department of U stores throughout France

This Tuesday Thursday, June 8, RappelConso has therefore launched a massive recall procedure in the delicatessen department of U supermarkets.

ReminderConso is the government site which centralizes all information on dangerous productssince April 2021.

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This official site therefore puts available to consumers in a simple and readable way the complete list of each massive product recall.

Indeed, whether it is a food or non-food product, RappelConso therefore scrutinize all dangerous products. Its objective is thus to improve the management of alerts by professionals.

This site therefore also aims to strengthen consumer confidence in the process of a mass product recall.

Thus, when a product is the subject of a massive recall, the professional must therefore declare it on RappelConso. Consumers thus have access to the exhaustive and reliable list of the products in question.

Today there are several batches of roast pork on sale in U stores.

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Product identification information

The massive recall concerns Roast pork reduced in salt U 4 slices 160 g. As well as U 4 Slices Plain Roast Pork 160 g.

These products have been on sale in U stores, and this, throughout France.

Reminder Conso also specifies that the end date of the recall procedure is set for 02/07/2023.

Here are the lots in question

For the Roast pork reduced in salt U 4 slices:
GTIN 3256227752766 Lot 000011116900. Use-by date 02/07/2023

For the U 4 Slice Plain Roast Pork:
GTIN 3256227752759 Lot 000010609938. Use-by date 02/07/2023

What if you have these deli meats at home?

If you have these deli meats in your refrigerator, the Rappel Conso site recommends that you no longer consume them.

And to bring it back to the point of sale nearest to you in order to to issue a refund.

In case of doubt or for any request for additional information, you can then reach this contact number: 0969366936


The “General Motors” group, the largest car producer in the United States, decided to modify its electric cars so that it can use the chargers of the American electric car maker, Tesla, following a similar decision by its competitor Ford Motor, which opens the door to converting the Tesla charger into a standard charger for the electric car industry in the United States. .

And Bloomberg News reported on Friday that Mary Barra, CEO of General Motors, broke the silence that has been going on for 7 months and announced the news with Elon Musk, CEO of Musk, via Twitter Space, and said that General Motors electric cars will be able to use 12,000 Tesla high-speed chargers. .

Tesla’s share price before the start of official trading today rose by 4.5%, while General Motors’ share rose by 3.3%. And with the three largest US car companies joining the use of Tesla chargers, the rest of the companies will be forced to join these standards.
The network of Tesla charging stations will begin receiving General Motors cars within the next year, and the cars will need an electric joint so that they can be connected to the charger. And from 2025, General Motors will produce its electric cars equipped to use Tesla chargers.

If InVivo and Teract have finally given up on getting closer to Casino, many of them are still looking into the fate of the heavily indebted distributor: conciliators appointed by the courts, creditors, potential buyers, current management…

All will try to agree within four months of the conciliation procedure opened on June 2 by the Paris Commercial Court.

. Intermarché served, InVivo out

Intermarché has already got what it wanted: on May 26, Casino, which employs 200,000 people worldwide, including more than 50,000 in France, has agreed to sell it around a hundred stores in France.

Third French distributor, Intermarché also intends to participate in a “future round table” to recapitalize Casino but at a small level (100 million euros). The two groups have now strengthened their supply partnerships.

The union of agricultural cooperatives InVivo is even less concerned by the fate of Casino: following months of discussions, the agro-industrial juggernaut and its subsidiary Teract announced Thursday that they were abandoning their merger project.

. The current management

What room for maneuver for the current management? The commercial court appointed two conciliators, Aurélie Perdereau and Marc Sénéchal, to renegotiate an abysmal debt (6.4 billion euros for Casino and around 3 billion for its parent company Rallye) even if the board of directors of Casino is still in control of the distributor.

Casino CEO Jean-Charles Naouri intends to remain one of the major players in this reconciliation. The latter and the agreement with Intermarché “are part of our strategy to build the future of Casino”, he wrote in a recent letter to group employees.

Since then, however, the 74-year-old executive has spent a day in police custody in a case of price manipulation and alleged insider trading. Although he was eventually released without charge at this stage, his image was affected.

. The creditors

Big banks, investment funds, institutional players… Who will want to convert the debts into capital of a distributor in difficulty? Who will lose everything? Who can put back to the pot?

Czech billionaire Daniel Kretinsky, who intends to take control of Casino, has offered some creditors to write off part of the debt in exchange for either cash or shares or both. And this, up to regarding 40% of receivables.

New asset disposals, particularly in Latin America or the e-tailer CDiscount, might also contribute to debt reduction.

According to several sources, certain creditors of Casino are also debt holders at the level of the holding companies which are also the subject of a conciliation procedure. For them, the losses might be even more significant.

. The conciliators

In this very sensitive case, the conciliators have the task of ensuring the continuity of the Casino group, in a form that remains to be determined.

“The question for them is not to know in absolute terms how much debt should be crushed but how much the group will generate cash” to sustain its activity and meet future deadlines, observes a connoisseur of the file with the AFP.

They have four months, plus an optional one, to find a satisfactory agreement for all, under the worried gaze of employees, the CGT calling on political decision-makers to “avoid social damage”.

. The pretenders

In addition to his offer to creditors, Daniel Kretinsky proposed a capital increase of some 750 million euros which would make him the main shareholder of Casino.

This offer, conditional on a very significant reduction in the weight of the debt weighing on the distributor, is being studied within the framework of the conciliation procedure.

At the same time, three of Teract’s co-founders, Xavier Niel (Free), investment banker Matthieu Pigasse and distribution specialist Moez-Alexandre Zouari, decided, on their behalf and following the departure of InVivo, to create a financial vehicle supplemented with 300 million euros to increase Casino’s capital. They call on other actors to join them.

According to Le Figaro, Auchan would have invited itself into the discussions by proposing a merger with the Casino group once the possible takeover of the distributor in difficulty by Mr. Kretinsky has been concluded. Les Echos claim that the northern distributor would also have approached the Niel-Pigasse-Zouari trio.

Asked by AFP, the Mulliez Family Association (owner of Auchan) and Auchan France did not wish to comment.

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