Companhia Brasileira de Distribuicao SA BMFBOVESPA:PCAR3:
AGREED TO SELL 66.7% STAKE IN STIX TO RD SAUDE FOR 23 MILLION REAIS, ENDING JOINT VENTURE - FILING
Brazil's GPA Sells Stake In Stix For 23 Million Reais, Ends Joint Venture
Earlier from Companhia Brasileira De Distribuicao
- Companhia Brasileira de Distribuicao: Restructuring progress and margin gains offset sales decline, supporting financial turnaround
- Companhia Brasileira de Distribuicao: Gross margin expanded 2.9 p.p. and pro forma leverage is projected to drop to 0.9x
- Brazil's GPA strikes deal with creditors to halve obligations
- Casino Says GPA Obtained Preliminary Injunction Prohibiting Casino From Disposing Indirectly Owned Shares