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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.

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

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