Valor Economico last week reported that Wal-Mart Stores Inc. is in talks to acquire the Brazilian unit of French retailer Carrefour, in a step that would create the largest retailer in Latin America nation.
According to the newspaper, which did not unveil where it got the information, executives from Wal-Mart’s headquarter in U.S. are hold talks [...]

The Westfield Group Wednesday announced its entry into Brazil through the strategic acquisition of a 50% interest in Almeida Junior Shopping Centers S.A. (Almeida Junior), a vertically integrated owner, manager and developer of Brazilian shopping malls.
As a result of this acquisition, WDC will expand its global platform into the growing Brazilian shopping centre market.
The Chairman [...]

Gilbarco Inc. announced Wednesday that it has signed and closed a definitive purchase agreement to acquire Stratema Indústria E Comércio Ltda. of Guarulhos, São Paulo, Brazil.
Stratema is a manufacturer of fuel dispensers and a provider of maintenance services for the retail petroleum industry and commercial fueling operations in Brazil. Stratema’s customers include large regional oil [...]

Carrefour Monday announced that the company’s Board of Directors approved the project proposed by Gama to form a strategic partnership that would create the leading player in Brazilian retail, combining Carrefour’s assets in the country with those of CBD in an equally-owned company that would be fully consolidated by Carrefour as of January 1, 2013.
According [...]

BR Malls Participacoes S.A., a publicly held Brazilian company based in Rio de Janeiro (BRMALLS), announced it had acquired a 95% ownership interest in Shopping Paralela in Salvador. BRMALLS will be responsible for management and leasing of the mall.
Opened on April 28, 2009, Shopping Center Paralela mall is located in Salvador, Bahia. The city is [...]

Companhia Brasileira de Distribuicao, Brazil’s biggest and foremost retailer, is to acquire the remaining stake in Sendas for an estimated $225 million. The move will effectively turn over 100 per cent ownership of Sendas to the giant retailer. In its announcement, Companhia Brasileira de Distribuicao said it will pick up the remaining 42.57 per cent [...]

Brazilian shopping center administrator Iguatemi Empresa de Shopping Center SA said Friday that it plans to tap credit markets with a five-year debenture sale. In a filing with securities regulators, Iguatemi said that it planned to sell 300 million Brazilian reais ($178 million) worth of debentures.
Proceeds from the sale of non-convertible debentures will be used [...]

Hypermarcas SA, the Brazilian consumer-goods reported that it will be making a payment of around 2.5 billion reais, about $1.5 billion, for drugmaker Mantecorp Industria Quimica & Farmaceutica SA. The Brazilian firm has recently made over 10 acquisitions, spanning the last one year. However, its announcement of the latest investment saw its share decline.
The firm [...]

Brazilian publicly held company BR Malls Participacoes S.A. Tuesday announced it had bought 49.99 per cent of CIMA Empreendimentos do Brasil S.A. The deal gives BR Malls Participacoes the option to acquire the remaining 50.01 per cent stake of CIMA Empreendimentos do Brasil S.A. CIMA Empreendimentos do Brasil S.A. holds a 100 per cent stake [...]

Chile’s biggest retail firm has agreed to buy Brazilian firm Supermercados Bretas in what is expected to be the largest acquisition in five years. Cencosud SA, the Chilean retail giant will take over the Brazilian business in an investment that comes as its Chairman, Horst Paulmann’s biggest in a spate of five years.
The Chilean firm [...]