Announced
Synopsis
GPA shareholders agreed to acquire an 83% stake in Exito, a food retailer chain, from GPA, a retailer. Financial terms were not disclosed. The distribution of Grupo Éxito’s shares to GPA’s shareholders would occur through the delivery of BDRs (Brazilian Depository Receipts) and ADRs (American Depository Receipts), consistent with GPA's shareholder structure.
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