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Carrefour Sizes Up Colombia’s Carulla Vivero
French supermarket giant Carrefour has said it may be interested in buying Colombia’s retail chain Carulla Vivero, the second-largest in the country. Several weeks ago Carulla Vivero mandated Credit Suisse to search for a strategic partner for it. There has been much speculation in recent months about the possible sale of Carulla Vivero, with possible suitors including Chilean retailers Ripley, Cencosud and Falabella or even US behemoth Wal-Mart. The Colombian retailer, which is controlled by US investment fund Newbridge Andean Partners, last year entered a joint venture with Ripley to launch a co-branded credit card.
