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Supermercado La Villa-CSD deal cleared in Brazil

By Maria Júlia Baumert ( October 23, 2024, 18:32 GMT | Insight) -- Supermercado La Villa has received approval without conditions from the Brazilian competition authority for its acquisition of 75 percent of Companhia Sulamericana de Distribuição's shares. The deal raised initial concerns due to potential competition impacts in various cities, particularly Lins, where the combined market share of La Villa and CSD exceeds 50 percent.Supermercado La Villa has received approval without conditions from the Brazilian competition authority for its acquisition of 75 percent of the shares of Companhia Sulamericana de Distribuição (CSD)....

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