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Korea M&A Corporation
Shares in Wal-Mart's Japanese subsidiary, Seiyu Limited, surged 13 percent Monday after expansion talk by a top Wal-Mart executive. Wal-Mart Vice Chairman Michael Duke told Japan's Nikkei business daily that the company is looking for takeover opportunities in Japan. Duke says Wal-Mart welcomes Japanese deregulation that is to take effect in May. The rule changes will allow foreign companies to ..
Shinsegae Takes Over Wal-Mart Wal-Mart Stores Inc, the U.S. largest retailer, has withdrawn their operations from the Korean market. Afterward, Wal-Mart and Shinsegae Co., the South Korean retail giant, held an urgent press conference at the Chosun Hotel on May 22. Shinsegae Co. had announced that they have come to an agreement to take over entire Wal-Mart Korea's equity. The takeover price amou..
Wal-Mart takes over British grocery chain Web posted Thursday, August 5, 1999 8:45 a.m. CT By SUE LEEMAN The Associated Press LONDON - Global retailing leader Wal-Mart Stores Inc. has announced its arrival in Britain with the $10.7 billion takeover of Asda Group PLC, the country's third largest supermarket chain. The deal, which more than doubles Wal-Mart's international sales and consolidates i..