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Brazil’s Pao de Acucar denies talks with Carrefour

Brazilian retailer Grupo Pao de Acucar denied it is in talks with rival Carrefour about merging their units in Latin America's biggest economy.Pao de Acucar, Brazil's biggest diversified retailer, said in a securities filing on Wednesday that "it is...

Carrefour announces the disposal of its business in Thailand

Carrefour has signed an agreement with Big C, a subsidiary of Groupe Casino, for the divestment of its operations in Thailand for an enterprise value of €868 million. This valuation corresponds to 120% of the net sales of the...

Future Group to buy Le Marche

In a major development, Kishore Biyani-led Future Group is all set to acquire Fu-Com Retail India promoted hypermarket chain Le Marche, reports ET. However, it is not clear whether Le Marche will be a part of Future Group’s value...
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Haldiram Snack to invest Rs 300 crore in Bihar; will set up manufacturing plant

The manufacturing plant is expected to be operational by mid-2027Patna: Haldiram Snack, a leading player in the packaged food...
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