Carrefour Group will be closed 16 Stores in Belo Horizonte. Spaces will be returned to WRVa real estate rental, purchase and sale company that belongs to the same economic group as you DMA distributorTrademark owner Sorry, Minerao that it Brazil wholesaleWhich will operate the units.
The operation was approved without restrictions before General supervision of the Administrative Council for Economic Defense (KED). According to the Authority, if the CADE Court does not resort to the act for analysis or an appeal is not filed, Within 15 days, the decision will be final, and the operations will be finally approved.
The 16 units were leased by Carrefour Group and some of them were operated by Supernoso. In Kidd’s opinion. The return of the properties to WRV aims to end the dispute between the parties.
“The applicants state that the main justification for the operation is the civil transaction between WRV and CRF, in order to end the dispute between them, and to determine the adequacy of the commercial interests of the parties,” an excerpt of the document states.
The process will include store inventory. According to Kidd’s opinion, the amount to be paid to the Carrefour Group is… All products in the 16 stores, improvements made to the properties throughout the contract period, furniture and other items necessary to sustain operations. The value is confidential.
Hey g1 I have inquired with the Carrefour Group and the DMA regarding this issue and are awaiting comments.