Two recent news about Carrefour’s operations in Brazil. A possible merger with Grupo Pão de Açucar and the deal with Itau Unibanco, which bought 49% of the French retailer’s bank. According to Dow Jones in Paris, Carrefour SA may seek to merge its Brazilian unit with Brazil’s largest retailer – Grupo Pao de Acucar. CarrefourContinue reading “Carrefour merging in Brazil?”
Editorial on the New York Times today gives us something to think about. Does this rally make sense to you?