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

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:

: Casino transitioned to a direct 34% stake in Éxito, alongside its existing 41% stake in GPA. Outcome and Evolution The primary goal of this move was to

in Latin America to reduce debt and improve financial clarity. The primary goal of this move was to

Maximizing Value: Casino's Strategic Separation of Éxito and GPA The primary goal of this move was to

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

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: