Success: the reasons for the Brazilians’ no to Jaime Gilinski’s new offer – Business – Economy
The second offer that the Colombian banker Jaime Gilinski launched this week for the Éxito supermarket chain, and which was almost immediately rejected by its owner, Companhia Brasileira de Distribuição (GPA), after considering that "the price offered does not respond to adequate parameters of financial reasonableness for an operation aimed at a controlling interest and, therefore, does not respond to the best interest of GPA and its shareholders", It will not be the last to be known in this new strategy that the Colombian investor has drawn up to take control of said trade. (Also read: Owner of Almacenes Éxito…
