LatinNews Regional Monitor: Mexico - 16 April 2018

Amazon in Brazil talks: Us online retailer Amazon.com was in late March reported to be involved in talks to acquire the Via Varejo retail chain in Brazil from the controlling group Casino Guichard Perrachon SA of France. Via Varejo sells electronic goods and electric appliances: it has a chain of over 900 outlets across the country and is also one of Brazil’s largest online retailers. The talks came after Casino agreed to market its Monoprix high-end groceries through an agreement with Amazon. Sources said Via Varejo might be sold to Amazon or might be run as part of a joint venture or similar association between the two companies.

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