The South American country will change its laws if needed to take over the retailer owned by Casino Guichard Perrachon SA of Saint-Etienne, France and Almacenes Exito SA of Medellin, Colombia, Chavez said today on state television. “I order that we develop a dossier and prepare a new law to take over the Exito chain,” Chavez said. “Repricing and hoarding, what is this? You have to respect our house.” Chavez’s government closed four Exito outlets for a day because the company allegedly increased prices following a Jan. 11 currency devaluation. Read more here. Semana International delivers news about Colombia in English. Find more in our home.