Carrefour SA (ENXTPA:CA) agreed to acquire 47 SuperCor supermarkets from El Corte Inglés, S.A. for an enterprise value of ?60 million on September 20, 2023. The transaction is subject to customary conditions and is expected to close before the end of the first half of 2024. Carlos Portocarrero and team of Clifford Chance S.L.P. acted as legal advisor to Carrefour in this transaction. Banco Santander, S.A. (BME:SAN) acted as financial advisor and Ontier España acted as legal advisor to El Corte Inglés, S.A. Pricewaterhousecoopers Corporate Finance S.L. acted as financial advisor to Carrefour SA.

Carrefour SA (ENXTPA:CA) completed the acquisition of 47 SuperCor supermarkets from El Corte Inglés, S.A. in April 2024.