US-based private equity company Advent is in advanced discussions to purchase Brazilian supermarket chain Sonda, Valor international reported, citing sources. The deal, expected to be valued at up to 3.5bn reais ($653.50m), depending on Sonda's estimated gross revenue of 6.5bn reais in 2025. If materialised, it could become one of the biggest deals in Brazil’s food retail sector in recent years. Negotiations between Advent and Sonda have been underway for several months, with key issues yet to be resolv ...