Exito Casino Gpa
GPA | |
Public | |
Traded as | |
---|---|
Industry | Retail |
Founded | 1948; 72 years ago |
Founder | Valentim Diniz |
Headquarters | São Paulo, SP , |
Number of locations | 2,089 |
| |
Brands | |
Revenue | US$ 13.8 billion (2018) |
US$ 334.8 million (2018) | |
91,000 (2016) | |
Parent | Groupe Casino |
Subsidiaries | Grupo Éxito
|
Website | gpabr.com |
Footnotes / references [1][2][3] |
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GPA will use cash to acquire all shares in Almacenes Exito with a potential purchase price of 16,000 to 18,000 Colombian pesos ($5.03 to $5.66) per share. Casino would acquire all controlling. Casino Exito Gpa, 888 poker rakeback 2018, tulalip casino buffet price, calculator poker odds free. Casino Guichard-Perrachon SA (CGUSY) said Friday that it has signed agreements with its subsidiary Companhia Brasileira de Distribuicao Grupo Pao de Acucar (PCAR4.BR), or GPA, and Almacenes Exito SA, or Exito, for the launch of GPA's all-cash tender offer on Exito. Groupe Casino has unveiled an improved offer for Exito’s 50% stake in Brazil’s GPA, which are indirectly held through French company Segisor. Casino had initially made an offer in July, as part of its plans to simplify its corporate structure in Latin America. RIO DE JANEIRO, Oct 19 (Reuters) - Brazilian retailer GPA formally announced the terms for a tender offer to acquire shares of Colombian retailer Almacenes Exito SA on Saturday, the first step in a.
Companhia Brasileira de Distribuição, doing business asGPA (formerly as Grupo Pão de Açúcar), is the biggest Brazilian company engaged in business retailing of food, general merchandise, electronic goods, home appliances and other products from its supermarkets, hypermarkets and home appliance stores owned by the French conglomerate retail group Casino. Its headquarters are in São Paulo city.[4]
The company is the second biggest retail company in Latin America by revenue and the second largest online retailer in Brazil. The company operates its e-commerce through Cnova Brasil, a subsidiary of its subsidiary Viavarejo.
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For 2013, the company planned to open more than 150 stores, targeting northeast and mid-west regions.[5]
In September 2013, Abílio Diniz, the son of the company's founder, has stepped down as chairman of the company.[6]
Business units[edit]
GPA operates through different store concepts (and different banner logos):[7]
- Pão de Açúcar
- Extra
- Assaí
Ownership structure[edit]
Currently, GPA is owned by:[8]
- Grupo Éxito - 18.7%
- Grupo Casino - 22.8%
- Board of Executive Officers and Board of Directors - 0.01%
- Treasury stock - 0.1%
- Free float - 58.3%
See also[edit]
References[edit]
- ^'Board of Directors and Board of Executive Officers', GPA. Retrieved on 17 September 2013.
- ^'CIA BRASILEIRA DE DISTRIBUICAO', BM&FBOVESPA. 14 March 2017. Retrieved 14 March 2017.
- ^'Fourth Quarter and Full Year 2016 Results', Grupo Pão de Açúcar. Retrieved 7 March 2017.
- ^'Contact IR.' Grupo Pão de Açúcar. Retrieved on 2 July 2011. 'Av. Brigadeiro Luís Antônio, 3142 Jardim Paulista ZIP Code 01402-901 São Paulo SP Brazil'
- ^Zacks.com (24 July 2013). 'CBD's 2Q Earnings Fall Y/Y'. NASDAQ (New York). Retrieved 24 July 2013.
- ^Cowley, Matthew & Winterstein, Paulo (6 September 2013). 'Brazil Businessman Diniz to Step Down as Pão de Açucar Chairman'. The Wall Street Journal. Retrieved 17 September 2013.
- ^'Our Stores'. GPA. Retrieved 16 August 2016.
- ^'Ownership Structure', GPA. Retrieved on 26 September 2020.
External links[edit]
- Official website(in Portuguese)
- GPA on LinkedIn