Tag: Devoto

• Tuesday, September 6th 2011 - 06:24 UTC

  Colombia’s largest retailer launches stock sale to fund expansion in Uruguay

  

  Colombia's largest retailer Almacenes Exito SA launched a 2.5 trillion peso (1.4 billion dollars) stock sale for local and foreign investors Monday, the proceeds of which will be used to expand into Uruguay and elsewhere.

• Monday, July 4th 2011 - 04:32 UTC

  Brazilian government conditions support for major retail chain merger

  

  BNDES bank will not put up the 2.4 billion US dollars it pledged for the merger of Brazil's biggest retailers, Grupo Pao de Acucar and France's Carrefour, unless France’s Casino is on board, bank president Luciano Coutinho said in a local magazine.