Cencosud S.A. (SNSE:CENCOSUD) agreed to acquire a 67% stake in The Fresh Market Holdings, Inc. for $676 million on May 11, 2022. The transaction is subject to the fulfillment of certain conditions, among them, obtaining the authorization of the same by the United States free competition authority. Simpson Thacher & Bartlett LLP acted as legal advisor to The Fresh Market Holdings, Inc. The Simpson Thacher team included Gregory Klein, Michael Kaplan, Mark Myott, Kristin Rulison, Koh Tanimoto, John Meadows, Gabriel Chun, Lola Tang, Christian Segar, Jamie Lee and Mathew Walls (M&A); Russell Light and Scott Grundei (Tax); Tristan Brown, Harry N. Hudesman and Brian Chung (ECEB); Jennifer Hobbs, Christopher Brown and Benjamin Persina (Banking & Credit); Ryan Bekkerus (Capital Markets); Peter Guryan and James Goldfeier (Antitrust); Jessica Cohen and Kate Mirino (Intellectual Property & Cybersecurity); Krista McManus and Stephanie Kantor (Real Estate); and Toby Chun and Timothy Mulvihill (Environmental).