Acon Sells Barbosa Chain to Chilean Operator

Private equity firm Acon Investments, which purchased the Brazilian food retailer G. Barbosa from Ahold in 2005, said it will sell the chain to Chilean retailer Cencosud for an undisclosed price.

WASHINGTON — Private equity firm Acon Investments here, which purchased the Brazilian food retailer G. Barbosa from Ahold in 2005, said it will sell the chain to Chilean retailer Cencosud for an undisclosed price. Acon, which helped Barbosa grow from 32 to 49 stores, said the offer from Cencosud came as it was preparing a public offering for the chain.

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