Wal-Mart planning to acquire Trust-Mart

Sushubh

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Oct 29, 2004
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Wal-Mart planning to acquire Trust-Mart
Wal-Mart Stores Inc. has announced their plans to acquire Chinese hypermarket chain Trust-Mart. The deal would be worth around USD 1 billion and would require approval from the regulatory bodies.
If the deal is approved, it would make Wal-Mart the top foreign player in China’s fragmented retail market.
Trust-Mart is a closely held [...]

http://business.techwhack.co/1231/trust-mart-wal-mart/
 

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