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Why does the Casino want to reduce participation in Assaí with a billion-dollar follow-on

Summary by Bloomberg Línea Brasil
French retail group could raise around US$ 500 million with the transaction; Goldman Sachs expects a reduction from 41% to up to 27% in the shareholding in the Atacarejo network
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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Bloomberg Línea BrasilBloomberg Línea Brasil

Why does the Casino want to reduce participation in Assaí with a billion-dollar follow-on

French retail group could raise around US$ 500 million with the transaction; Goldman Sachs expects a reduction from 41% to up to 27% in the shareholding in the Atacarejo network

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Bloomberg Línea Brasil broke the news in on Monday, November 28, 2022.
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