The battle over Brazil's largest retailer

BRAZIL: Diniz halts CBD-Carrefour merger plan

Abilio Diniz, the Brazilian tycoon and chairman of CBD, the country's largest retailer, has put plans to merge the business…

UPDATE: FRANCE: Casino hits back at Carrefour’s CBD claims

Casino has taken a swipe at Carrefour in the ongoing dispute over the future of Brazilian retailer CBD and insisted…

FRANCE: We are not hostile, Carrefour tells Casino

Carrefour today (5 July) insisted it had "no hostile intentions" towards its French rival Casino, which is battling the world's…

UPDATE: FRANCE: You need our support, Casino warns Carrefour

Casino today (4 July) insisted that a proposal to merge Brazil's largest retailer CBD with Carrefour's local operations needed its…

FRANCE: Carrefour board approves CBD merger offer

Carrefour's board of directors has backed a plan to merge its operations in Brazil with the country's largest retailer CBD.…

BRAZIL: Diniz asks Casino to study Carrefour merger plan

Brazilian businessman Abilio Diniz has asked Casino, his co-shareholder in the country's largest retailer CBD, to examine the proposal to…

FRANCE: Casino again ups stake in Brazilian retailer CBD

Casino has again upped its stake CBD in a further twist in the battle for control of the Brazilian retailer.…

FRANCE/BRAZIL: Casino CEO Naouri demands talks with Diniz

The chief executive of Casino has called for a meeting with its fellow shareholder in CBD to discuss the controversial…

FRANCE/BRAZIL: Court confirms evidence of Carrefour-Diniz “CBD merger talks”

A French court has concluded that raids on Carrefour's headquarters earlier this month did yield evidence of talks between the…

UPDATE: BRAZIL: Casino labels plan to merge CBD, Carrefour unit “illegal”

Casino plans to oppose any potential deal to merge Brazilian retailer CBD - in which it is a shareholder -…