Companhia Brasileira de Distribuicao ADS (CBD) Company Bio
Companhia Brasileira de Distribuição engages in the retail of food, clothing, home appliances, electronics, and other products through its chain of hypermarkets, supermarkets, specialized stores, and department stores primarily in Brazil. The company was founded in 1948 and is headquartered in São Paulo, Brazil.
Brazilian retailer GPA has sold 16 real estate assets to a pair of local funds for 446 million reais ($87.1 million), it said on Wednesday, a step forward in the company's plan to free up resources via real estate sales. In a securities filing, GPA, which is controlled by France's Casino Guichard Perrachon SA, said it had sold 16 buildings to TRX Real Estate Fundo de Investimento Imobiliário and TRX Real Estate II Fundo de Investimento Imobiliário, both of which are run by asset manager TRX Gestora de Recursos.
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]