Grupo Exito

Grupo Exito, the leading Colombian supermarket that also has a presence in Uruguay, has announced the acquisition of the Argentinean chain of hypermarkets Libertad. In the same transaction, the group also acquired 50% of the voting shares of the Brazilian chain GPA (Grupo Pao de Acucar), equivalent to 18.8% of total capital of the firm. The value of the transaction is said to be in the order of $ 1.826 …