Carrefour sells 21 Brazil stores to Pereira Group for R$360M

Carrefour has agreed to sell 21 stores in São Paulo and the Federal District to Brazilian retailer Pereira Group for R$360 million, pending approval from Cade. This divestment is part of Carrefour's portfolio optimization in Brazil, likely to satisfy antitrust requirements or streamline operations. The deal's completion depends on regulatory clearance, and its impact on Carrefour's market position in Brazil remains to be seen.