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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+20.52% | 39.53B | |
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+20.53% | 33.93B | |
+8.17% | 28.93B | |
+3.20% | 26.11B | |
-17.15% | 25.24B | |
+12.24% | 17.76B | |
+2.60% | 17.75B |
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