Mergers & Acquisitions Mergers & Acquisitions

Carrefour, Grupo BIG face further scrutiny in Brazil after deal declared 'complex'

By Ana Paula Candil
  • 16 Nov 2021 14:21
  • 16 Nov 2021 14:47
Brazilian food retailer Grupo Carrefour Brasil's planned 7.5 billion reais ($1.36 billion) acquisition of rival Grupo BIG Brasil, formerly Walmart Brazil, has been declared "complex" by the national competition authority and will require an in-depth analysis because of high concentrations in the segments of supermarket, hypermarket and wholesale store.

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Ana Paula Candil

Senior Correspondent, Latin America

Ana Paula joined MLex in Brazil in 2014 writing about antitrust investigations and merger reviews. Prior to that, she worked for several trade publications and in TV. She lived in Washington DC, where she worked for Al Jazeera English in 2010. She studied journalism and holds a postgraduate diploma in International Business Management from the George Brown College in Toronto and a Master of Business Administration diploma in government relations from Fundação Getúlio Vargas (FGV).

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