Francisco de Narváez's GDN acquires ChangoMás Argentina for ~US$55M

GDN, controlled by Francisco de Narváez, has acquired the Argentine operations of Spanish supermarket chain ChangoMás in a deal valued at approximately US$55 million. The transaction consolidates GDN's retail footprint in Argentina, a market facing high inflation and weak consumption. Financial details and regulatory approvals remain unconfirmed.

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