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Tag: Exito

Exito 3Q net profit up 59% on year to COP58.76B

Colombia’s largest retailer Almacenes Exito SA posted a net profit of 58.76 billion Colombian pesos ($31 million) during the third quarter, a 59% increase from the same quarter of 2010, the company said in a statement....

Exito says share sale successful

Colombian supermarket chain Almacenes Exito S.A. announced Tuesday its shares were oversubscribed by 172% in its share offering which ended September 23, according to a company press release. The share sale raised $1.33 billion,...

Exito share sale seen successful despite turbulence

Almacenes Exito, Colombia’s largest retailer, is pushing ahead with a $1.4 billion share offering, with the company expected to sell the full amount despite ongoing turbulence in the markets. The company is moving forward...

Almacenes Exito starts $1.4B stock sale

Colombian supermarket giant Almacenes Exito launched a $1.4 billion share sale Monday to finance expansion in the Uruguayan market. The public offering begins Monday and will end September 23.  In a company press release Exito...

Stock prices of Colombia’s largest companies down

The stock prices of Colombia’s largest companies fell Monday due to the issuance of new shares and declining oil prices. Stocks in Exito, a superstore retailer and Colombia’s largest publicly traded company fell 2.2%...

Exito shareholders OK plan to buy Uruguayan grocers

Shareholders of Colombia’s largest retailer, Almacenes Exito SA, on Wednesday approved a plan by the board of directors to purchase two supermarket chains in Uruguay for $746 million. In a statement, Exito also said its...

Colombia Exito shares fall 6.9% on issue plan

Shares of Colombia’s No. 1 retail chain, Almacenes Exito fell nearly 7 percent on Thursday after the company said it was weighing issuing new shares to finance expansion plans. Exito’s board said late on Wednesday...

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