Companhia Brasileira de Distribuicao (PCAR4.SA)
R$ 0.75 (+0.82%)
Thu, Jun 27 2019
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.
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.
* Firm owns other retailers across Latin America (Adds GPA's CEO comment on sale plan for Via Varejo, updates share prices)
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.
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.
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.
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.