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

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

In early 2024, both Casino and GPA sold their combined stakes in Éxito to the El Salvador-based for approximately $550 million . : Following the distribution, GPA retained a minority

by allowing Éxito to be valued independently by the market. The Mechanics of the Spin-Off : Following the distribution