Every Spin-Off
Almacenes Éxito
EXITO CBCompletedBRColombia's largest grocer, running Éxito, Carulla and Surtimax supermarkets and hypermarkets in Colombia plus Disco and Devoto in Uruguay and Libertad in Argentina. Controlled by El Salvador's Grupo Calleja since 2024.
GPA distributed about 83% of Colombian grocer Almacenes Éxito (1.08bn shares) to its shareholders at 4 Éxito shares per GPA share, delivered as BDRs on B3 (EXCO) and ADRs on the NYSE (EXTO, 1 ADR per 2 GPA ADRs), keeping a stake of about 13%; Éxito was already listed on the Bolsa de Valores de Colombia.
- Distribution date
- 23 Aug 2023
- Structure
- Stake distribution
- Parent
- GPA (Companhia Brasileira de Distribuição) (PCAR3 BZ)
- Spin-off ticker
- EXITO CB
- Listing
- Bolsa de Valores de Colombia (existing); BDRs on B3, ADRs on NYSE
- Market
- Brazil
- Sector
- Consumer staples
- Size
- small
Source documents
- Press releaseGPA material fact on Éxito distribution (08/08/23)
- PresentationNot located
- Prospectus / demerger documentNot located
- Sourcegrupoexito.com.co
- Sourcemoneytimes.com.br
- SourceÉxito ADRs and BDRs begin trading (08/23/23)
- Filingsec.gov (GPA 6-K on distribution ratio and dates)
- Sourcesuno.com.br
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