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Los Angeles-based independent production company Indigo Reign Films will turn the fierce dispute between businessmen Abílio Diniz and Jean Charles Naouri into a film. Titled “Diniz vs Naouri: Rise and Fall of an Empire”, the film is scheduled to go into production next year.

The film will chronicle the behind-the-scenes of the dispute for control of Pão de Açúcar — which ended up in the hands of Naouri’s French group Casino — in a white-collar drama that the producer describes as a mix of “Succession” and “The Wolf of Wall Street”, with a lot of “greed and betrayal, backroom deals between corporate and political leaders, conspiracy and espionage”.

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