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".
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The company confirmed investigations on the matter by "relevant authorities" and said it will collaborate and conduct an internal probe. In the filing, Carrefour Brasil (SA:CRFB3) said it complies with the "Brazilian legislation on anticorruption and antibribery".