Cencosud

Cencosud, one of the largest retailers in the Americas, has entered into an agreement to acquire 100% of the operations of St. Marche, a premium specialty grocery chain based in Brazil. The transaction, executed through Cencosud’s wholly-owned subsidiary Cencosud Brazil Comercial Ltda., involves the acquisition of the supermarket business from Hortus Comercio de Alimentos S.A. and its subsidiaries. The deal will be carried out on a debt-free, cash-free basis. Funding …