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Via Varejo SA (VVAR11.SA)

VVAR11.SA on Sao Paulo Stock Exchange

4:13pm EDT
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R$ -0.29 (-1.04%)
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R$ 28.01
R$ 27.76
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GPA bets on organic growth, similar strategy for 2018: CEO

SAO PAULO, Oct 27 Brazilian retailer GPA SA is currently focused on organic growth rather than acquisitions, Chief Executive Ronaldo Iabrudi said in a conference call on Friday following the release of the company's quarterly results.

UPDATE 1-Brazil exempts GPA from paying $48 mln shareholders claim

SAO PAULO, Oct 5 Brazil market watchdog has exempted GPA SA from indemnifying minority shareholders who claimed they should be paid a premium for agreeing to sell an appliance retailer that helped create subsidiary Via Varejo SA, putting an end to a year-old legal battle.

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