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Carrefour aims to take over the entire Brazilian branch

The French supermarket chain (67% of Atacadao SA-Carrefour Brazil) would pay €880 million

Carrefour is planning to take over its entire Brazilian unit, Atacadao SA, also known as Carrefour Brazil. The same French supermarket chain confirmed this in a press release "announces its intention to acquire the outstanding shares held by the minority shareholders of its Brazilian subsidiary, Grupo Carrefour Brasil and to delist the share from the São Paulo Stocks Exchange through a stock merger".The...

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EFA News - European Food Agency
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