Corporación Favorita C.A.

SLU

ECP8801Z1259

Department Stores

End-of-day quote Guayaquil Other stock markets 06:00:00 2024-04-23 pm EDT			5-day change	1st Jan Change
1.71 ^USD	+0.59%		+0.59%	+0.59%

2022	Corporación Favorita C.A. Reports Earnings Results for the Full Year Ended December 31, 2021	CI
2021	Corporación Favorita C.A. Reports Earnings Results for the Nine Months Ended September 30, 2021	CI

Corporación Favorita C.A. acquired 51% stake in Hanaska.

June 07, 2020

Corporación Favorita C.A. (GYSE:SLU) acquired 51% stake in Hanaska on June 8, 2020. Ricardo Peñaherrera, Carlos Coronel Endara, Ana María Terán Merello, Josué Zarría, Danny Espinosa and Ana Belén Cadena of Lexvalor Asesoria Legal and Juan Gabriel Reyes of Perez Bustamante & Ponce acted as legal advisors to Corporación Favorita and Hanaska respectively. Corporación Favorita C.A. (GYSE:SLU) completed the acquisition of 51% stake in Hanaska on June 8, 2020.

Latest news about Corporación Favorita C.A.

Corporación Favorita C.A. Reports Earnings Results for the Full Year Ended December 31, 2021	22-05-29	CI
Corporación Favorita C.A. Reports Earnings Results for the Nine Months Ended September 30, 2021	21-12-02	CI
Corporación Favorita C.A. acquired 51% stake in Hanaska.	20-06-07	CI
Supermercados La Favorita C.A. completed the acquisition of 73% stake in Rey Holdings Corp. from its major shareholder and others for approximately $200 million.	19-01-23	CI
Supermercados La Favorita C.A. reached an agreement to acquire a majority stake in Rey Holdings Corp. from its major shareholder for approximately $270 million.	18-11-06	CI
Fideicomiso Tenencia de Bienes Acacia acquired a minority stake in Supermercados La Favorita C.A. from Walter Irving Lloyd Wright Duran Ballen.	18-01-21	CI

Chart Corporación Favorita C.A.

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Company Profile

Corporacion Favorita CA is an Ecuadorean company engaged in the retail sector. Its business is structured in three divisions: Commercial, Industrial and Real Estate. In the Commercial division, it operates the Supermaxi, Megamaxi, Aki and Gran Aki supermarkets; the Kywi, Megakywi, TodoHogar, Sukasa and Salon de Navidad home accessories and home improvement tools retailers; TVentas, a home shopping channel; Radio Shack, an electronics store; Mr Books, a book shop, and the Jugueton and Bebemundo toys stores. The Industrial division comprises the operations of the Companyâs distribution center, as well as the activities of its subsidiaries: Agropesa, a producer of beef and pork meat products; Enermax (Central Hidroelectrica Calope), a company active in the electric power generation; Maxipan, a bakery, and Pofasa, a poultry producer. In the Real Estate division, it is involved in the management of La Pradera, Miraflores, Los Andes, El Jardin, El Sol, Sur and Multiplaza shopping centers.

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Department Stores

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Sector Other Department Stores

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