Grupo Carrefour Brasil has agreed to acquire Grupo BIG Brasil, a Brazil-based food retailer backed by Advent International, for BRL7b (~USD1.3b). The transaction is subject to approval. In 2020 Grupo…
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Advent-backed Grupo BIG, a Brazilian supermarket chain, filed for an initial public offering. Advent acquired 80% of Walmart Inc’s operations in Brasil in 2018 renaming it a year later to…