Bloomberg News

Casino Removes Diniz From Its Board, Estado Reports

May 12, 2012

(Corrects to say Diniz was excluded from Casino’s board, not Pao de Acucar’s.)

Casino Guichard-Perrachon SA (CO) shareholders yesterday approved the removal of Abilio Diniz from its management board, O Estado de Sao Paulo newspaper reported, citing a video transmission on Casino’s website.

Diniz remains chairman of Cia Brasileira de Distribuicao Grupo Pao de Acucar (PCAR4)’s, Brazil’s largest retailer.

To contact the reporter on this story: Fabiola Moura in Sao Paulo at fdemoura@bloomberg.net

To contact the editor responsible for this story: Sylvia Wier at swier@bloomberg.net


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