GPA Sells Gas Stations for Financial Stability

GPA (PCAR3) announced the sale of 71 gas stations for R$200 million ($36.23 million). This sale marks a significant step towards financial stability. Most of these stations, 49 in total, are located in São Paulo. Ultrapar (UGPA3) will acquire these stations. GPA’s shares had dropped 7.77% the previous day. However, they partially recovered on Thursday, […]