Casino Guichard Perrachon SA (CASP.PA)
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 Brazilian retail veteran Michael Klein and his family on Friday gained control of appliance retailer Via Varejo SA from retailer GPA SA in an auction.
SAO PAULO 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.
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.
SAO PAULO, June 12 GPA, controlling shareholder of Brazil's Via Varejo and a unit of Casino Guichard Perrachon SA, said its board of directors approved the sale of all shares it owns in the retailer for a minimum price of 4.75 reais each, according to a securities filing on Wednesday.
SAO PAULO, May 15 One of the biggest shareholders of Brazilian retail company Via Varejo SA is hiring a financial advisor as he considers increasing his stake, the company said in a Wednesday filing.
* Firm owns other retailers across Latin America (Adds GPA's CEO comment on sale plan for Via Varejo, updates share prices)
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.
SAO PAULO Brazilian electronics and appliance retailer Via Varejo SA plans to fully integrate its online and physical sales platforms by June 30, a move likely to increase margins in the second half of the year, Chief Executive Officer Peter Estermann said on Wednesday.