SAO PAULO (Reuters) - The Brazilian unit of France's Carrefour SA CARR.PA is in advanced talks to buy retail chain Makro, controlled by Netherlands' SHV Holdings, Brazilian newspaper O Estado de S. Paulo reported on Thursday, citing people with knowledge of the matter.
The paper said the deal is worth around 5 billion reais ($1.2 billion) and could be announced next week, without saying how it got the information.
Carrefour Brasil CRFB3.SA and Makro did not immediately reply when contacted by Reuters seeking comment.
Reporting by Gabriela Mello and Tatiana Bautzer; Editing by David Gregorio
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