Cencosud sees up to $3 billion in investment through 2018

SANTIAGO, Chile - Latin American retailer Cencosud said on Friday that it would make investments of up to $3 billion through 2018, and forecast up to $21 billion in revenues this year.

Chile-based Cencosud, the owner of supermarket chain Jumbo, home improvement chain Easy and department stores Paris, has operations in five South American countries.

The company also said it was considering listing its shopping center unit on the stock exchange, though it would retain control.

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