(Reuters) - PARIS, April 23 - Carrefour , the world's second-largest retailer, is to buy Brazilian discount megastore company Atacadao for 825 million euros , making it the country's leading grocer by sales.
Chief Executive Jose Luis Duran told an analyst conference call on Monday he expected synergies from the agreed takeover to be significant, thanks to Atacadao's lower cost base, and to enable the group to accelerate underlying sales growth in due time.
Read more at Reuters.com Mergers News
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