Australian couple furious after winning $4.2million home: ‘Nightmare’
Casino, which was brought to the verge of default after years of debt-fuelled deals and recent losses in market share to rival supermarket groups, said the binding agreement was reached with the consortium led by Kretinsky’s company EPGC – alongside Casino’s biggest creditor Attestor, and second-biggest shareholder Fimalac, and along with secured creditors while discussions with unsecured creditors continue. The property investor known for his flash lifestyle and luxury cars said he purchased the home in Gisborne, 54km north-west of Melbourne, in November after it passed at auction on the reality TV series.
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