Article: Brazil: Casino to open new food stores.

Casino plans to open 26 new food stores in Brazil over the next 2 years. Besides, it plans to develop new products and create a regional food acquisition facility in order to benefit from Mercosur operations. Casino, which acquired last month a 25% stake in Pao de Acucar, opted for a minority stake in order to have conditions to back further acquisitions in other countries. In order to launch Casino products into the Brazilian market, the ...

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