Cencosud’s strategic shift: Why the retail giant is selling Bretas operations in Minas Gerais
In a decisive move reflecting its evolving business strategy, Cencosud S.A. has entered into an agreement to sell its Bretas operations in Minas Gerais, Brazil, for R$716 million (approximately US$123 million). The transaction, executed through Cencosud Brasil Comercial S.A., involves the transfer of 54 supermarket stores, eight service stations, a distribution center, and additional asset