Assaí

Brazil’s Assaí Atacadista Sees Revenue Go Up By 9.3% In Third Quarter

Brazilian retailer Assaí Atacadista has reported a 9.3% increase in revenue in the third quarter of its financial year, to R$ 20.2 billion (€3....

Brazil's Assaí Atacadista Sees Sales Up 12.% In First Half

Brazilian cash and carry chain Assaí Atacadista has reported a 12.9% increase in net sales in the first half of its financial year, to BRL 35.1 bill...

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...

Pátria Investimentos Invests In Major Brazilian Wholesaler

Latin American investment fund Pátria Investimentos has acquired a 56% stake in wholesaler Atakarejo, a market leader in the Brazilian state of Bahi...

France's Groupe Casino Needs Equity Contribution Of 'At Least €900m'

French supermarket retailer Casino said it aims to conclude a debt restructuring agreement with its creditors by the end of next month, telling creditors i...

Groupe Casino To Sell Remainder Of Stake In Assaí

France's Groupe Casino has announced that it plans to sell its remaining stake in Brazil's Assaí.

Casino Bonds Hit Distressed Levels Amid Increased Refinancing Risks

Some of French retailer Casino's bonds are trading at a distressed price, signalling higher refinancing risks over the next two years as interest rates ris...

Shares In French Retailer Casino Slump After Moody's Downgrade

Shares in French retailer Casino slumped by around 15% on Friday after rating agency Moody's downgraded several of the group's credit ratings, citing marke...