In order to accelerate its deleveraging, Casino, Guichard-Perrachon S.A. (ENXTPA:CO) (Casino Group) announced that it has initiated a study of a potential new sale of part of its stake in Sendas Distribuidora S.A. (BOVESPA:ASAI3) (Assaí) for an amount of approximately $600 million, which could be increased depending on market conditions. No final decision has been made on this potential transaction, which would take the form of a secondary public offering. In this context, Casino Group has instructed a banking syndicate and has asked Assaí's teams to carry out the preliminary work for a possible transaction.
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5-day change | 1st Jan Change | ||
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13.32 BRL | -1.77% | -0.45% | 3.51B | ||
0.0285 EUR | 0.00% | -5.00% | 1.13B | ||
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1st Jan change | Capi. | |
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-1.55% | 3.51B | |
+14.48% | 485B | |
+21.40% | 40.05B | |
+5.39% | 38.37B | |
+7.63% | 28.47B | |
-15.08% | 25.16B | |
-0.55% | 25.08B | |
+4.35% | 17.88B | |
+11.96% | 17.99B | |
+1.34% | 13.77B |
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