CORRECTED-UPDATE 2-Carrefour closer to Brazil listing with Diniz deal

jueves 18 de diciembre de 2014 10:51 GYT

(corrects valuation of Brazil business in paragraph 8)

* Abilio Diniz buys 10 pct stake in Carrefour Brazil

* Diniz pays about 1.8 billion reais ($663 million)

* Also has option to raise stake to max 16 pct

* Brazilian business could be listed in future

* Carrefour raises cash for Brazil expansion, Diniz back in retail

By Dominique Vidalon and Andrew Callus

PARIS, Dec 18 (Reuters) - Carrefour has sold a 10 percent stake in its Brazilian business to billionaire Abilio Diniz, in a first step towards a possible separate listing, as Europe's largest retailer looks to raise cash to accelerate growth in its second-largest market.

With its core French market on the mend, Carrefour head Georges Plassat has long said he wanted to speed up expansion in fast-growing Brazil and China, and that a flotation in Brazil was one of its funding options.   Continuación...