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Brazil regulator exempts GPA from paying Via Varejo minority holders
October 5, 2017 / 12:45 PM / in 2 months

Brazil regulator exempts GPA from paying Via Varejo minority holders

SAO PAULO, Oct 5 (Reuters) - A body of the Brazilian securities watchdog granted an appeal exempting retailer GPA SA from paying claims to minority shareholders of its appliance arm Via Varejo SA, according to a securities filing on Thursday.

The ruling effectively ends the case at the CVM regulator, the filing said. GPA is owned by France’s Casino Guichard Perrachon SA. (Reporting by Ana Mano)

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