French retailer Casino selling down stake in Brazil’s Assai
PARIS (Reuters) -Casino on Tuesday launched a sale of shares in Brazilian supermarket chain Assai as the French supermarket operator presses on with cutting its debt. Casino said it would be selling…
Brazil’s Assai net revenue grows 21% in Q1
(Reuters) – Brazilian cash-and-carry chain Assai reported on Tuesday first-quarter net revenue of 11.443 billion reais ($2.45 billion), 21.1% above the same period from 2021. The figure reflects the high performance of…
Brazil wholesaler Assai posts 76% increase in Q4 net profit
– Brazilian wholesaler Assai posted on Monday fourth-quarter net income of 527 million reais ($103.26 million), beating estimates as store openings accelerated.Net income rose 76% from a year earlier, above a Refinitiv…
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