Wednesday, February 2, 2011

Advent Has $2 Billion for `Niche' Brazil Retail Acquisitions, Etlin Says

Advent International Corp., a
private-equity company, has $2 billion to make acquisitions in Brazil’s retail industry and take advantage of growth in Latin
America’s largest economy, the company’s local head said.
“We’re looking at various companies in niche retail
areas,” Patrice Etlin, managing partner at Advent in Latin
America, said in a telephone interview from Sao Paulo yesterday.
Food and household-appliance

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