Carrefour gets green light for 100% takeover of Brazilian subsidiary

Featured image of the article Carrefour gets green light for 100% takeover of Brazilian subsidiary

An article by Morgane Monteiro

Publication

29 April 2025 à 16h21

Updated on 6 May 2025 à 00h44

Reading time

3 minutes

Publication: 29 April 2025 à 16h21, Updated on 6 May 2025 à 00h44

Reading time: 3 minutes

An article by Morgane Monteiro

Publication

29 April 2025 à 16h21

Updated on 6 May 2025 à 00h44

Reading time

3 minutes

Publication: 29 April 2025 à 16h21, Updated on 6 May 2025 à 00h44

Reading time: 3 minutes

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On April 25, Carrefour (2024 revenue of €87.27 billion, up 5.3% at constant exchange rates) obtained approval from the minority shareholders of the Brazilian subsidiary for the 100% acquisition of the business. Before this, the group held 67.4% of the Brazilian entity’s capital. Following the privatisation, the shares of the entity named Atacadao will be delisted from the São Paulo Stock Exchange. The transaction, which was valued at €800 million when the intention to buy was announced in...

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Article authors

Featured image of the article Morgane Monteiro

Morgane Monteiro Journalist

Featured image of the article Morgane Monteiro

Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.

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