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

—Assaí, GPA, and Éxito—providing the group with multiple monetization options.

Maximizing Value: Casino's Strategic Separation of Éxito and GPA

This strategic "unbundling" was a critical step in Casino's multi-year effort to deleverage and simplify its global operations in the face of mounting financial pressure.

The primary goal of this move was to of Grupo Éxito, which Casino believed was not fully reflected while it remained a subsidiary of GPA. By spinning off Éxito, Casino aimed to:

in Latin America to reduce debt and improve financial clarity.