GPA Preparing Sale of Assets Worth Over BRL1.1b: O Globo

Company intends to divest some financial assets by the end of the year and transactions are expected to yield more than 1.1 billion reais ($205 million), according to O Globo columnist Lauro Jardim.

• Measure is part of a broad restructuring aimed at reversing accumulated losses
• NOTE: Brazil’s GPA Sees 2026 Capex Between BRL300m and BRL350m

To contact the reporter on this story:
Luana Maria Benedito in Sao Paulo at ldesousabene@bloomberg.net

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Danielle Chaves at djelmayer@bloomberg.net

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