US retail titan Wal-Mart is reported to be close to reaching an agreement with Ahold over the purchase of the Dutch retailer’s Brazilian supermarket chain, Bompreco.

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Wal-Mart has not yet signed the deal as it is fighting a court injunction that prevents Ahold from also selling its other Brazilian supermarket chain, G Barbosa, to Wal-Mart, Reuters reported, citing sources.


“The company (Wal-Mart) has already chosen the executives that should work in Bompreco… in the first two weeks of December,” the source told Reuters.  


A spokeswoman for Wal-Mart in Brazil declined to comment.

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