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The Best Deal that Never Happened: “Pão de Carrefour”

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Brazil’s Pão de Açúcar gets rebuked by Casino, its local partner, when it approaches troubled Carrefour for a global merger. SAO PAULO — To Abilio Diniz, the sky is the limit, or so it seemed. Diniz, the son of a Portuguese immigrant who launched a small grocery store in São Paulo after the Second World […]
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