ABN Amro, the Dutch bank managing the sale of the Brazilian assets of Dutch retail giant Ahold, has reportedly extended the 18 September deadline for final offers for the assets to 26 September.


The bank has already pushed the deadline back several times at the request of three retail groups interested in the assets, sources close to the sale told Reuters.


Ahold has put up for sale its Brazilian supermarket chains Bompreco Supermercados do Nordeste and G Barbosa Comercial and its Brazilian credit card business Hipercard.


Brazilian retail Companhia Brasileira de Distribuicao and French retail giant Carrefour have expressed interest in the assets, while US retail giant Wal-Mart is also believed to be interested.


Bompreco has 119 stores, while G Barbosa has 32 stores. Both chains operate in the northeast of the country.

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.