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Brazil's GPA denies reports Via Varejo stake sale suspended

SAO PAULO, March 27 GPA SA, Brazil's largest diversified retailer, denied on Monday reports that it had suspended the sale of a controlling stake in its appliance unit Via Varejo SA, according to a securities filing.

Preferred shares in GPA fell as much as 5.5 percent on Friday on reports that France's Casino Guichard Perrachon SA , its controlling shareholder, had decided to delay the sale after a key shareholder expressed interest in acquiring Casino's stake. (Reporting by Bruno Federowski)

我们的标准: 汤森路透“信任原则

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