Brazilian billionaire Abilio Diniz, who built an empire in the supermarket retail sector, died on Sunday in Sao Paulo, according to his press office. The 87-year-old had been hospitalized at the Albert Einstein Hospital and suffered respiratory failure due to pneumonitis, his press office said in a statement. Diniz played a pivotal role in the history of Brazilian retail, serving most recently as vice-chairman of Carrefour Brasil and as a board member of the French group Carrefour.
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Carrefour announces the death, this Sunday, of Abilio Diniz, a major shareholder of the group since 2015, censor then member of the board of directors since May 17, 2016, and vice-chairman of its.
BRASILIA Brazilian billionaire Abilio Diniz, who built an empire in the supermarket retail sector, died on Sunday (Feb 18) in Sao Paulo, according to his press office. The 87-year-old had been hospitalised at the Albert Einstein Hospital and suffered respiratory failure due to pneumonitis, his press office said in a statement. Diniz played a pivotal role in the history.
Peninsula Participações, the
holding company founded by the late Abilio Diniz which is also
the second-largest shareholder in French retailer Carrefour
, said it was confirming its long term.