Retail shopping

Hering shares jump on Arezzo snub

Corporate & Sovereign Strategy Equity M&A

Brazilian retailer's stock climbs 28% after it turns down a $230 mln offer to sell a minority stake to the local shoemaker

Falabella to close stores in Argentina

Corporate & Sovereign Strategy M&A Retail shopping

Chilean retailer calls off hunt for a buyer and will stick with e-commerce and maybe its home improvement chain

Brazil approves WhatsApp payment services

Economy & Policy Brazil United States

Central bank allows money transfer between users but still evaluates service for purchases from merchants

Carrefour puts up $1.2 bln for Grupo BIG in Brazil

Corporate & Sovereign Strategy Equity M&A

French retailer adds to recent Makro deal with a takeover bid for Walmart's former business in Brazil

GPA names new CEO

Corporate & Sovereign Strategy Equity M&A

Brazilian retail group appoints Jorge Faiçal to the top job after the spin-off of its wholesale division

Ripley bank to tap local bond market

Bonds Debt Fixed Income

Chilean retailer's consumer credit division sets up the sale of $243 mln in inflation-linked notes