Souza, Mello e Torres Advogados advised Casino Guichard-Perrachon, Machado Meyer, Sendacz and Opice Advogados advised GPA, Zancan Advogados advised Via Varejo, and Spinelli Advogados advised Michael Klein and pool of investors.
The Casino Group, a publicly held company headquartered in France, is the controlling shareholder of Companhia Brasileira de Distribuição, a publicly held company headquartered in Brazil (“GPA”), which sold of the totality of GPA’s shares held in Via Varejo S.A., a publicly held company headquartered in Brazil with its shares registered under the Novo Mercado segment at B3 S.A. – Brasil, Bolsa e Balcão (“B3”).
The transaction involved the sale of the 36,27% stake in Via Varejo held by GPA by means of a block sale action thru B3 for the final aggregate amount of R$2,300,653,316.50 (two billion, three hundred million, six hundred and fifty-three thousand, three hundred and sixteen Reais and fifty centavos).
Souza, Mello e Torres advised Casino Group, the controlling shareholder of GPA, with a team including partners Luis Souza (Picture), Calos Mello and Fabricio Cardim, and associate Tereza Cidade.
Involved fees earner: Fabricio Cardim de Almeida – Souza, Mello e Torres; Tereza Cidade – Souza, Mello e Torres; Carlos José Rolim de Mello – Souza, Mello e Torres; Luis Souza – Souza, Mello e Torres;
Law Firms: Souza, Mello e Torres;
Clients: Casino Guichard-Perrachon S.A.;