Brazil's GPA says no decision has been made regarding the sale of Cnova

Cnova NV

23/03/2021 11:50

SAO PAULO, March 23 (Reuters) - Brazilian food retailer GPA
SA  PCAR3.SA  said it has not made a decision to sell its stake
in Cnova, according to a securities filing on Tuesday.
    Shares in GPA has been rising in the last days on rumors
about a potential sale of its shares in Cnova. In the year, GPA
shares are up almost 200%. 
    
    

 (Reporting by Carolina Mandl, editing by Louise Heavens)
 ((carolina.mandl@thomsonreuters.com; +55 11 5644 7703; +55 11
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