May 13, 2019 |
France's Groupe Casino said it is studying "various strategic options" as part of a permanent review of its investments in Latin America.
Casino made the announcement after the Brazilian newspaper O Globo said the group would announce a plan to merge its holdings in the region.
"These thoughts haven't led to any material element that would justify a disclosure to the market," Casino said in a statement.
The group said in June last year that it could sell the Brazilian retail company Via Varej
French retail group says it is studying "various strategic options" for its businesses in the region