Subsequent events |
9 Months Ended | |||||||||
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Sep. 30, 2022 | ||||||||||
Subsequent Events [Abstract] | ||||||||||
Subsequent events |
At the meeting of the Board of Directors held on October 20, 2022, the Company approved, observing the authorized capital limit, a capital increase in the amount of R$3 through the issuance of 650,808 common shares.
On October 26, 2022, Casino Guichard Perrachon informed the Company’s Board of Directors that it has initiated the study of a potential sale of part of its stake in the Company for an amount of approximately US$500 million, which could be increased subject to market conditions. There is no final decision on the potential transaction, which would take the form of a secondary public offering and could be completed by the end of November 2022, subject to market conditions. |