French retail giant Carrefour has revealed it is considering a pro-nposal to merge its Brazilian assets with those of the country’s largest nretailer Companhia Brasileira de Distribuição (CBD). However, nCarrefour’s French rival Casino currently owns a 37% stake in CBD nand is vehemently opposed to the move. It is easy to see why, as a nmerger could gradually squeeze Casino out of a market, which has nbecome one of its most important growth drivers.
展开▼