Obituary: Abilio Diniz, Brazilian retail billionaire of Pao do Acucar and Carrefour – Uptrends

Obituary: Abilio Diniz, Brazilian retail billionaire of Pao do Acucar and Carrefour – Uptrends

Abilio Diniz, the acclaimed Brazilian business leader who grew his family retail business into a giant, lost control of it, then became a major shareholder in a rival company, has died. He was 87. Diniz died at a hospital in Sao Paulo, where he was being treated for respiratory failure caused by pneumonia, a spokesperson … Read more