(Boursier.com) — The group Casino announces today that it has finalized the sale of its residual stake in Assaí, announced on June 22, 2023.
As part of the transaction, 157,582,850 Assaí shares held by Casino Group, representing 11.7% of Assaí’s share capital, were allocated at a price of BRL 13.38 per share, i.e. a total gross amount of BRL 2,108 million (404 million euros). Net income after costs and taxes is estimated at 326 million euros.
Following this transaction, the Casino Group no longer holds any stake in Assaí’s capital.
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