BENTONVILLE, Ark. — Wal-Mart Stores here yesterday said it was seeking to acquire Distribución y Servicio D&S S.A., a publicly traded supermarket operator in Chile. The offer of 40.8 cents per share (U.S.) represents a premium of 37.4% over the average closing price for the last 30 days, Wal-Mart said. Reports said that if Wal-Mart acquired all of the shares, the price would be about $2.8 billion. D&S is said to be Chile's largest supermarket operator, with 140 locations under ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.