Wal-Mart, the US supermarket giant, has turned to Dresdner Kleinwort Wasserstein (DrKW) on its $300m (€240m) acquisition of Dutch retailer Ahold's chain of supermarkets in Brazil, overlooking Lazard.

Rio Bravo Investimentos, a Brazilian investment and advisory house, was brought in to jointly advise Wal-Mart on the acquisition of the Bompreco supermarkets chain.