Martes 9 de Agosto 2022
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A BIG superstore in Brazil. The retail chain formerly known as Walmart Brazil has now been sold to French retail giant Carrefour in a deal advised by Ropes & Gray and Sullivan & Cromwell. (Photo: Grupo BIG)
Matt Richards, Ropes & Gray and Frank Aquila and Sergio J. Galvis, Sullivan & Cromwell. (Latinvex collage)
Tuesday, March 30, 2021
Legal Briefs

Ropes & Gray, Sullivan & Cromwell Advise Advent Brazil Deal

Sullivan & Cromwell advises historic North American rail merger.


Ropes & Gray and Sullivan & Cromwell advised on the $1.3 billion sale of Brazilian retailer Grupo BIG (formerly Walmart Brazil) to French retailer Carrefour;  Sullivan & Cromwell represents Canadian Pacific Railway Limited (CP) in its $29 billion merger with US-based Kansas City Southern (KCS), which will connect freight customers to Canada, the United States and Mexico on a single network for the first time in history;  White & Case advised Brazilian retailer GPA on the spin-off of its wholly owned subsidiary Sendas Distribuidora and Davis Polk advised Brazilian sugar and ethanol company Cosan on a corporate restructuring.

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Keywords: Baker & Miller, Davis Polk, Davies Ward Phillips & Vineberg, M&As, Retail, Ropes & Gray, Sullivan & Cromwell, Wachtell Lipton Rosen & Katz, White & Case, WilmerHale


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