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Carrefour Brasil's shareholders approve Grupo BIG acquisition

Carrefour Brasil's shareholders approve Grupo BIG acquisition
Carrefour Brasil's shareholders approve Grupo BIG acquisition -  Copyright  Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
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SAO PAULO - Shareholders of Carrefour Brasil approved on Thursday the acquisition of Grupo BIG Brasil SA, according to a securities filing.

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The local unit of the French retail giant announced on March 2021 the acquisition of Grupo BIG for roughly 7.5 billion reais ($1.52 billion) from Walmart and investment firm Advent International.

($1 = 4.9310 reais)

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