Casino: exit from Assaí capital finalized
As part of the transaction, 157,582,850 Assaí shares were allocated at a price of 13.38 Brazilian reals per share, representing a total gross amount of nearly 2.11 billion (404 million euros). Net proceeds after expenses and taxes are estimated at 326 million euros.
Following this transaction, which was carried out by means of an accelerated order book executed by the São Paulo Stock Exchange, in accordance with the rules in force on this market place, Casino no longer holds a stake in Assaí's capital.
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