A PYMNTS Company

Colombia: Cencosud acquires Colombian operations of France’s Carrefour

By  |  October 21, 2012

The acquisition of Carrefour SA by Chilean retailer Cencosud SA was recently confirmed by the two companies under a €2 billion agreement. Cencosud SA, Latin America’s third-largest retailer, acquired the Colombian operations of the French company in part of a larger trend of companies responding to the European debt crisis by taking advantage of weakened European businesses. Cencosud financed their buyout with a loan from J.P. Morgan Chase & Co.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: GCR

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Related Content: Positioning Competition Policy in Chile: Outreach, Advocacy, and Alternative Dispute Resolution Mechanisms

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.