2022---casino-wants-to-maximize-the-value-of-its-brazilian-assets-by-separating-exito-from-gpa May 2026

While the spin-off process began in late 2022, it was formally approved by shareholders in early 2023. This move eventually paved the way for larger divestments:

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: While the spin-off process began in late 2022,

In 2022, the French retail giant launched a significant reorganization of its Latin American assets. The centerpiece of this strategy was the separation of the Colombian subsidiary Almacenes Éxito from the Brazilian retailer Companhia Brasileira de Distribuição (GPA) . Why the Separation? Casino aimed to: In 2022