SAO PAULO - Shareholders of Carrefour Brasil approved on Thursday the acquisition of Grupo BIG Brasil SA, according to a securities filing.
The local unit of the French retail giant announced on March 2021 the acquisition of Grupo BIG for roughly 7.5 billion reais ($1.52 billion) from Walmart and investment firm Advent International.
($1 = 4.9310 reais)
(Reporting by Peter Frontini)