CADE recommends approval of Carrefour acquisition of Grupo BIG in Brazil

Date : 27 January 2022

Oliver Butterworth

Senior Analyst

In March 2020, Carrefour Brazil announced the acquisition of its competitor Grupo BIG for approximately BRL7.5bn (US$1.36 bn). The move would see the biggest retailer in the market, accumulate the third biggest. The General Superintendency of the Administrative Council for Economic Defence…
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