GPA: latest news, analysis and trading updates | ESM Magazine

Brazil’s Supermarkets Break Through R$1trn Revenue Barrier

Brazilian supermarkets broke the barrier of R$1 trillion (€184 billion) in revenue last year, corresponding to 9.2% of GDP, according to the Brazilian...

Brazil's GPA Reports Sharply Narrower Fourth-Quarter Loss

Brazilian food retailer GPA, controlled by France's Casino, reported that its fourth-quarter loss narrowed to 303 million reais ($61.36 million), improving...

Groupe Casino Disposes Of Stake In Colombia’s Éxito Group

Groupe Casino has completed the sale of its 34.05% direct stake in Colombian subsidiary, Éxito Group.

What’s On The Menu For Casino In 2024? Analysis

Analyst Clément Genelot of Bryan, Garnier & Co looks at what the future holds for French retailer Groupe Casino.

Brazil's GPA Mulls €190m Share Offering To Reduce Debt

Brazilian food retailer GPA has hired banks to evaluate a potential offering of primary shares worth 1 billion reais (€190 million) as part of a broad...

GPA Concludes Sale Of Stake In Cnova To Casino For €10m

Brazilian food retailer GPA has concluded the sale of its 34% indirect stake in e-commerce company Cnova to its controlling shareholder Casino for €10...

Brazil's GPA Expects To Raise R$500m From Asset Sales In Coming Quarters

Brazilian retailer GPA expects to raise about 500 million reais (€93.7 million) from asset sales in coming quarters, chief financial officer Rafael Ru...

GPA Again Rejects Jaime Gilinski's Bid To Buy 51% Of Éxito

Brazilian retailer GPA said that its its board has rejected a second offer from Colombian billionaire Jaime Gilinski to acquire a 51% stake in its subsidia...