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In a joint statement Monday, Wal-Mart and Massmart said the U.S. company is offering 148 rand (about US$20) per share to Massmart stockholders in a 17 billion rand (about ...
The two companies said in a joint statement Wal-Mart would pay 148 rand for a 51 per cent stake in the South African company, which has a presence in 14 countries in ...
The offer price was still 148 rand per share, Massmart said. Wal-Mart has been under increasing fire from its shareholders to revive its ailing US stores, and some ...
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