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Cencosud S.A. through its Argentine subsidiaries signed today an agreement for the acquisition of 100% of the companies Supermercados Mayoristas Makro S.A. and Roberto Basualdo S.A.

Chilean retailer Cencosud is expanding its Argentinian presence with the acquisition Makro and Basualdo supermarkets.

CEO of Cencosud, said that “we are very pleased with this opportunity for growth in Argentina, a market where we have been present for more than 40 years with our Supermarkets, Shopping Centers ...