Jaime Gilinsky agreed to acquire a 51% stake in Almacenes Éxito S.A. from Companhia Brasileira De Distribuicao (BOVESPA:PCAR3) for approximately $590 million on July 19, 2023.

Jaime Gilinsky cancelled the acquisition of a 51% stake in Almacenes Éxito S.A. from Companhia Brasileira De Distribuicao (BOVESPA:PCAR3) on July 21, 2023. Companhia Brasileira board has rejected the offer.