Carrefour buys Brazilian assets for US$1.4 billion

Fredrik Karlsson

29 March 2021

Shutterstock.com/casa.da.photo

Sullivan & Cromwell LLP in New York and Brazilian law firms Machado Meyer Advogados and BMA - Barbosa, Müssnich, Aragão have helped the local branch of French supermarket chain Carrefour acquire Grupo BIG from US counterpart Walmart and private equity investor Advent in a deal worth 7.5 billion reais (US$1.4 billion).

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