Brazilian retailer GPA said on Wednesday it had received an unsolicited offer from Colombian business magnate Jaime Gilinski to take over its subsidiary, Almacenes Exito, in a deal worth $836 million.
Cash-strapped French supermarket retailer Casino on Monday said it aims to conclude a debt restructuring agreement with its creditors by the end of next month, telling creditors it needed an equity contribution of "at least 900 million euros" ($981.63 million).
Sri Lankan shares closed lower on Tuesday, dragged down by losses in financial and consumer staple stocks, although gains in communication services capped further decline.
Bangladesh is facing its worst electricity crisis since 2013, a Reuters analysis of government data shows, due to erratic weather and difficulty paying for fuel imports amid declining forex reserves and value of its currency.
Hungarian Prime Minister Viktor Orban on Thursday imposed mandatory price cuts on some basic food items by large retailers as his nationalist government tries to tame the European Union's highest inflation rate from levels exceeding 20%.