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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 ..
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..