MarketsNotableCorroboratingDeveloping
5.7
Structural factors, not just Selic rates, drive distress in Brazilian retail sector
Valor Econômico·BR·2 days ago
Executives at Brazilian retailer Casas Bahia have been placed under security protection following alleged intimidation by a creditor investment firm. The threats occurred in the wake of the company's judicial reorganization filing regarding R$ 17.3 billion in liabilities. It remains unclear if formal legal complaints have been filed against the creditor.