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Companhia Brasileira de Distribuicao (PCAR4.SA)

PCAR4.SA on Sao Paulo Stock Exchange

91.70BRL
12:58am IST
Change (% chg)

R$ -0.85 (-0.92%)
Prev Close
R$ 92.55
Open
R$ 92.54
Day's High
R$ 92.84
Day's Low
R$ 91.39
Volume
916,300
Avg. Vol
1,720,003
52-wk High
R$ 99.38
52-wk Low
R$ 74.65

Latest Key Developments (Source: Significant Developments)

Casino CFO: Latin America business should get higher valuation as result of restructuring
Thursday, 27 Jun 2019 

June 27 (Reuters) - Casino ::CFO DAVID LUBEK TELLS REUTERS THAT PLAN TO RESTRUCTURE LATIN AMERICA BUSINESS WILL SIMPLIFY IT AND HELP THE BUSINESS ACHIEVE A HIGHER VALUATION.CFO SAYS PLAN TO RESTRUCTURE LATIN AMERICA BUSINESS SHOULD IN PRINCIPLE NOT CHANGE THE DEBT OF CASINO GROUP IN FRANCE.  Full Article

French retailer Casino confirms Latin American restructuring plans
Thursday, 27 Jun 2019 

June 27 (Reuters) - Casino Sa ::REG-CASINO GROUP: PROJECT TO SIMPLIFY THE STRUCTURE OF CASINO GROUP IN LATIN AMERICA.AN ALL-CASH TENDER OFFER LAUNCHED BY GPA ON 100% OF ÉXITO'S SHARES, TO WHICH CASINO WOULD TENDER ALL OF ITS STAKE (55.3%).ACQUISITION BY CASINO OF SHARES HELD BY ÉXITO IN SEGISOR.MIGRATION OF GPA SHARES TO NOVO MERCADO B3 LISTING SEGMENT, WITH CONVERSION OF PREFERRED SHARES (PN) INTO ORDINARY SHARES (ON) AT AN EXCHANGE RATIO OF 1:1.CASINO WOULD SOLELY HOLD 41.4% OF GPA, WHICH WOULD ITSELF CONTROL ÉXITO AND ITS SUBSIDIARIES IN URUGUAY AND ARGENTINA.  Full Article

Casino CFO says Rallye has not lost control over Casino
Friday, 24 May 2019 

May 24 (Reuters) - Casino ::CFO SAYS RALLYE <<>> HAS NOT LOST ITS CONTROL OVER CASINO AS A RESULT OF THE SAFEGUARD PROCEEDINGS.CFO SAYS CASINO KEEPS RUNNING ITS OPERATIONS AS USUAL.GROUP IS FOCUSED ON EXECUTING ITS STRATEGIC PLAN IN LINE WITH ITS PREVIOUS COMMUNICATION - CFO.CFO SAYS THE PROCEDURE DOES NOT RELATE TO CASINO'S DEBT.CFO SAYS THE PROCEDURE HAS NO IMPACT ON THE AVAILABILITY OF THE COST OF THE GROUP'S EXISTING FINANCIAL RESOURCES.  Full Article

Casino's parent company Rallye placed under creditors' protection by Paris court -Le Figaro
Thursday, 23 May 2019 

May 23 (Reuters) - Casino /Rallye : :PARENT COMPANY RALLYE <<>> PLACED UNDER CREDITORS' PROTECTION BY PARIS INDUSTRIAL COURT - LE FIGARO.RALLYE NOT IMMEDIATELY AVAILABLE FOR COMMENT.  Full Article

Brazil's GPA reports Q1 consolidated net profit of 164 mln reais
Thursday, 9 May 2019 

May 8 (Reuters) - Grupo Pão de Açúcar SA ::BRAZIL'S GPA REPORTS Q1 CONSOLIDATED NET PROFIT OF 164 MILLION REAIS.BRAZIL'S GPA REPORTS Q1 ADJUSTED EBITDA OF 642 MILLION REAIS.  Full Article

Casino CEO confident on 2018 financial goals
Tuesday, 15 May 2018 

May 15 (Reuters) - Casino CEO Jean-Charles Naouri tells shareholders::CEO SAYS REITERATES 2018 FINANCIAL GUIDANCE, CONFIDENT CAN DELIVER ON IT IN VIEW OF GOOD Q1 AND CONTINUATION OF GOOD TREND IN Q2..Reiterates prediction of 2018 organic growth above 10 percent in conslidated profit, excluding tax credits, and of organic groth in French operating profit, excluding real estate activities, also above 10 percent.  Full Article

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France's Casino to overhaul Latam holdings, GPA shares soar

SAO PAULO/PARIS Casino Guichard Perrachon on Thursday unveiled a plan to simplify the complex shareholding structure for its Latin American operations, sending shares in its Brazilian and Colombian units soaring.