Brazil Cade Approves Grupo Pereira's Purchase of 21 Carrefour Stores

Brazil's antitrust body SG/Cade approved Grupo Pereira's acquisition of 21 Carrefour stores, expanding its Comper and Fort Atacadista brands in São Paulo and the Federal District. The deal is subject to a 15-day window for challenges before final approval. This consolidation in Brazil's retail sector signals continued M&A activity, though the market impact is limited given the scale.