MarketsNotableReportedDeveloping
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Mercado Livre entry into pharmacies pressures Brazilian drugstore chains
InfoMoney·BR·2 days ago
S&P reaffirmed Magalu's brAA- rating and projected a gradual recovery in sales, with leverage expected to decline starting in 2027. The outlook reflects a stable but slow improvement in the Brazilian retailer's fundamentals, with no immediate catalyst for a rating change.