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Murray News

Casino mulls sale of stake in Assaí for $500m

This could be largest the French group’s divestment in Brazil 10/27/2022 Cash-and-carry chain Assaí has a market capitalization of R$23 billion — Foto: Leo Martins/Agência O Globo Casino is likely to sell a stake in the Brazilian cash-and-carry chain Assaí for nearly $500 million. The decision to study such a move was communicated Wednesday to […]

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27 de October de 2022/by Gelcy Bueno
Murray News

Economic activity likely to help results in Q3

Lower inflation is another factor expected to drive results, analysts say 10/26/2022 Brazil’s economic growth is expected to boost the results of companies operating in the domestic market during the third quarter, although the real impact of the stimulus measures in the period is still uncertain. Analysts believe that the retail market aimed at high-income […]

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26 de October de 2022/by Gelcy Bueno
Murray News

Aliansce bets on mini neighborhoods to grow

Shopping mall management company may add R$2bn in revenues 10/26/2022 While awaiting regulatory approvals for the merger with BR Malls, shopping mall management company Alliances Sonae is accelerating other projects. Owner of extensive areas around some of its 27 malls, the company has defined a strategic plan for the 4.4 million square meters of its […]

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26 de October de 2022/by Gelcy Bueno
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