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Announced

Retailer Casino raises offer to buy Exito's 50% stake in GPA.

Synopsis

Casino Group's made a tender offer to acquire 55.3% stake in GPA from Éxito. The amended offer includes an improved price per GPA share at $28, resulting in $1.39bn deal value. This agreement has been reached in the context of the project that would lead to the simplification of Casino Group's structure in Latin America.

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