Companhia Brasileira de Distribuicao (PCAR4.SA)

PCAR4.SA on Sao Paulo Stock Exchange

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Thu, Jun 27 2019


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.

UPDATE 2-Brazil unit of France's Casino to sell stake in appliance retailer for at least $578 mln

SAO PAULO, June 12 French retailing group Casino's Brazilian unit will sell its controlling stake in a Brazilian appliance retailer for at least 2.23 billion reais ($578 million), accepting a discount on the unit's listed price as it refocuses on its supermarket business.

UPDATE 2-French retailer Casino reviewing options for Latin American assets

* Firm owns other retailers across Latin America (Adds GPA's CEO comment on sale plan for Via Varejo, updates share prices)

French retailer Casino reviewing options for Latin American assets

PARIS, May 9 French supermarket retailer Casino , which has been selling assets to cut debts and reassure investors, said on Thursday it was reviewing its strategic options in Latin America.

Brazil's GPA net profit falls in 1st quarter despite higher revenues

SAO PAULO, May 8 Brazilian supermarket chain Grupo Pão de Açúcar SA reported on Wednesday a double-digit drop in its first-quarter net consolidated income, undershooting market expectations, even as wholesale unit Assaí drove revenue growth.

UPDATE 1-Brazil's GPA sales rise, closes in on supermarket leader Carrefour Brasil

SAO PAULO, April 24 Brazilian supermarket chain Grupo Pão de Açúcar SA on Wednesday posted first-quarter sales up 12 percent from a year ago, closing the gap on Carrefour Brasil, the market leader in Latin America's largest economy.

Brazilian food retailer GPA posts 12.4% growth in 1st qtr gross revenue

SAO PAULO, April 24 Grupo Pão de Açúcar SA , one of Brazil's largest food retailers, owned by France's Casino Guichard Perrachon SA, on Wednesday posted first-quarter gross revenue of 13.8 billion reais ($3.46 billion), up 12.4% from the year-ago period, helped by major gains in its wholesale unit.

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