Directors Deals 

Steiner trust in £50m Ocado share sale

Steiner trust in £50m Ocado share sale

Last November, online grocer Ocado (OCDO) signed an international partnership with French-listed supermarket chain Casino. But Casino is suddenly under scrutiny after Bernstein, a New York-based brokerage, downgraded the stock following concerns over how the business had accounted for transactions with related parties, specifically French franchisees. Analysts are concerned that this, combined with high levels of debt and limited cash flow, could affect the company’s valuation going forward. 

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