Retail Brazil news and trends

Advent Plans $486M Investment In Walmart Brazil

August 28, 2018
Walmart
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Advent Plans $486M Investment In Walmart Brazil

August 28, 2018
As part of an agreement with Walmart, Advent International is planning on investing 1.9 billion reais — or $485.66 million — in the retailer’s operations in Brazil. The global equity fund plans to release the money over three installments, Reuters reported. For capital raises, the first two installments will bring in 750 million reais individually. […]