April 9, 2010 / 1:55 PM / 7 years ago

Brazil's Pao de Acucar still eyeing takeovers-CEO

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SAO PAULO, April 9 (Reuters) - Brazil's largest retailer, Grupo Pao de Acucar PCAR5.SA(CBD.N), may look for more acquisition targets, Chief Executive Eneas Pestana said on Friday.

The company, which became Brazil's largest appliances retailer after the takeovers of Globex Utilidades and Casas Bahia last year, "hasn't stopped" its acquisition spree, Pestana told reporters on the sidelines of an event. (Reporting by Vivian Pereira, Writing by Elzio Barreto, editing by Gerald E. McCormick)

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