Dutch retailer Ahold has reportedly received bids for its Brazilian assets from each of the three expected suitors.


Brazilian retailer Companhia Brasileira de Distribuicao, France’s Carrefour and US retail titan Wal-Mart all submitted bids for the assets on Friday, which was the last day possible to make a bid, reported Dow Jones International News, citing a supermarkets industry source in Brazil.


Ahold is selling off its Bompreco supermarket chain, which has more than 100 stores mainly in northeastern Brazil, its G. Barbosa retail chain and its credit card business Hipercard.


 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.