BRICs and beyond: Wal-Mart seeks foothold in Africa through Massmart
Wal-Mart, the world's largest retailer, continued its drive for world domination yesterday (27 September), announcing a US$4.3bn bid to acquire…
Wal-Mart sets sights on Africa
The US retail giant plans to gain a foothold on the African continent through the acquisition of South Africa's Massmart. What kind of business is Wal-Mart looking to buy?
SOUTH AFRICA: Wal-Mart makes offer for Massmart
Wal-Mart announced today (27 September) that it has made an offer to buy South Africa-based retailer Massmart Holdings.