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Brazil govt reserves CVM funds, defying STF order
Valor Econômico·BR·about 23 hours ago
Casas Bahia Group responded to a CVM inquiry, confirming that a preliminary report in its judicial recovery process is non-binding and reflects only the court-appointed expert's analysis. The clarification follows a Valor report highlighting findings from the document. The market impact is limited as the statement does not alter the company's financial position or recovery proceedings.