BENTONVILLE, Ark. — Wal-Mart Stores here on Friday said it has completed a tender offer for 58.2% of the outstanding shares of Distribucion y Servico (D&S), the largest food retailer in Chile. The acquisition gives Wal-Mart control of more than 180 stores, 10 shopping centers and 85 financial service branches, Wal-Mart said. D&S’ existing owners will retain 40.1% of the company, with 1.7% held by the public. Read More of Today's Headlines
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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 grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.