Shareholders approve Carrefour bid to take Brazil unit private

From Yahoo Finance: 2025-04-25 12:31:00

Shareholders of Carrefour’s Brazil unit, Atacadao SA, vote to go private after Carrefour’s bid. Carrefour to pay 8.50 reais per class A preferred share. 59% of shareholders support the proposal. Shareholders given option to receive Class A, B, or C shares by May 12, 2025. Carrefour Brasil contributes 20% of Carrefour’s total sales.



Read more at Yahoo Finance: Shareholders approve Carrefour bid to take Brazil unit private