TozziniFreire advises Carrefour on sale and leaseback with Barzel
TozziniFreire advised Carrefour Brasil on the sale and leaseback transaction of 4 distribution centers located in the cities of Osasco/SP, Jacareí/SP, Salvador/BA and Jaboatão dos Guararapes/PE, and 5 stores owned by the company and its subsidiaries ocated in the cities of Jacareí/SP, Guarulhos/SP, Santo André/ SP, Jandira/SP and Pinhais/PR, to Barzel Log Fundo de Investimento Imobiliário, and Barzel Retail II Fundo de Investimento Imobiliário, which was advised by Tauil & Chequer Advogados.
The transaction in the total amount of BRL 1,2 billion was submitted and approved by CADE – Administrative Council of Economic Defense (initially through a summary procedure that further was transformed into an ordrinary procedure).
J. Safra Invesment Bank served as the sole financial advisor of the company.
TozziniFreire Advogados advised Atacadão, Carrefour Comércio E Industria, Bompreço Supermercados do Nordeste and Bompreço Bahia Supermercados and relied on partners Pablo Meira Queiroz, Oswaldo Noce Della Torre and Patricia Bandouk Carvalho (pictured from left to right); associates Julian Junqueira Rillo, Eric Kaoro Okino, Elisa Camargo Gandur, Raquel Souza Jorge and Luísa Pereira Mondeck.
Tauil Chequer Mayer Brown advised Barzel Log Fundo de Investimento Imobiliário, and Barzel Retail II Fundo de Investimento Imobiliário and relied on partner José Paulo Marzagão, counsel Maria Carolina Gelmetti Gimenez and associate Eduardo Moraes.