Brief: DIA Informs Of Restructuring Process Of Its Brazilian Unit DIA Brazil

Distribuidora Internacional de Alimentacion SA

21/03/2024 07:21

March 21 (Reuters) - Distribuidora Internacional de Alimentacion SA  DIDA.MC :
    * INFORMS ON A RESTRUCTURING PROCESS OF ITS BRAZILIAN SUBSIDIARY
    * AS A CONSEQUENCE OF ONGOING UNFAVORABLE RESULTS OF DIA BRAZIL IT HAS BEEN APPROVED THE
FILING OF
A RESTRUCTURING PROCESS UNDER BRAZILIAN LAW WITH OBJECTIVE OF TRYING TO RESOLVE ITS CURRENT
ECONOMIC AND FINANCIAL SITUATION
    * FILING OF "RECUPERACAO JUDICIAL" RELATES ONLY TO DIA BRAZIL AND THEREFORE IT HAS NO IMPACT
ON
FINANCIAL SITUATION OF SPAIN AND ARGENTINA

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Further company coverage:  DIDA.MC 

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