Mergers & Acquisitions Mergers & Acquisitions

Brazilian retail giant Magalu plans to acquire KaBum; CADE yet to be notified

By Caio Rinaldi
  • 15 Jul 2021 14:40
  • 15 Jul 2021 14:40
Brazilian retail giant Magazine Luiza S.A., or Magalu, today announced in a bourse filing its plans to acquire tech e-commerce company KaBum, which specializes in hardware, gaming apparel and electronics. The deal must be notified to and needs the approval of the Brazilian competition authority.

KaBum is the largest computer, games and accessories

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