2022---casino-wants-to-maximize-the-value-of-its-brazilian-assets-by-separating-exito-from-gpa -

Announced in September 2022, the plan involved a capital reduction at GPA to distribute approximately directly to GPA’s shareholders.

: Following the distribution, GPA retained a minority stake of roughly 13% in Éxito for future monetization. Announced in September 2022, the plan involved a

: Casino transitioned to a direct 34% stake in Éxito, alongside its existing 41% stake in GPA. Outcome and Evolution Announced in September 2022