Companhia Brasileira de Distribuio (CBD) - NYSE
  • Jun. 28, 2011, 9:31 AM

    Struggling French retail giant Carrefour (CRERY.PK) jumps 2.9% in Paris after receiving an offer to merge its Brazilian operations with Companhia Brasileira (CBD +1.8%). The JV would create the largest retail company in Brazil, with €30B in 2011 sales.

    | Jun. 28, 2011, 9:31 AM
Company Description
Companhia Brasileira de Distribuição engages in the retail of food, clothing, home appliances and other products through its chain of hypermarkets and supermarkets. It operates though Food Retail, Self Service Wholesale, Home Appliances and E-commerce segments. The Food Retail segment consists... More
Sector: Services
Industry: Grocery Stores
Country: Brazil