Cases & Deals

GIC acquires indirect minority equity interest in Carrefour Brazil

Clients GIC Private Limited

Jones Day advised GIC Private Limited, sovereign wealth fund of the Government of Singapore, in the acquisition of an indirect minority equity interest in Carrefour Brazil. The investment was made through Peninsula O3 Varejo FICFIP, an investment fund managed and controlled by Peninsula Participacões, the investment fund controlled by Abilio Diniz and his family.