Company information

Wal-Mart’s acquisition of Massmart one step closer to completion

Tweet about this on Twitter0Share on Facebook0Share on LinkedIn0Email this to someonePrint this page

Wal-Mart’s proposed acquisition of Pan-African retailer Massmart received a nod from South Africa’s Competition Commission. Reuters reports that according to a statement by the two companies, the next step in the approval process is the Competition Tribunal hearing, followed by its ruling on the transaction.

Read the full article at Reuters