ABN AMRO, the Dutch bank managing the sale of the Brazilian assets of Dutch retail giant Ahold, has reportedly set a deadline of 18 September for final offers for the assets.
The bank has, however, 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.
Bompreco has 119 stores, while G Barbosa has 32 stores. Both chains operate in the northeast of the country.