Carrefour Brazilian unit says being investigated for corruption: filing

Reuters

Published Aug 22, 2019 08:59AM ET

Carrefour Brazilian unit says being investigated for corruption: filing

SAO PAULO (Reuters) - The Brazilian unit of French retailer Carrefour SA (PA:CARR) disclosed earlier on Thursday in a securities filing a corruption investigation into its operations.

In the filing, Carrefour Brasil (SA:CRFB3) mentioned media reports "of possible involvement of employees of the company in the payment of undue benefits to certain authorities" related to the operation of a store in Sao Paulo and its headquarters "without operating license".