Lojas Americanas talks partnership with BR Distribuidora

Lojas Americanas talks partnership with BR Distribuidora

M&A Energy Gas Brazil

Brazil's Lojas Americanas said it is considering a possible partnership with BR Distribuidora to operate convenience stores at service stations. The two companies have signed a non-binding memorandum of understanding, but the discussions are still in the early stages and have not settled on the structure, timeline or value of a possible partnership, Lojas Americanas said in a securities filing. BR said in a separate statement that the search for a partner includes other potential candidates.

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