Daily Business News
Tuesday, October 17, 2006
  Wal-Mart agrees to buy Chinese chain: source (Reuters)

A shopper checks merchandise at a Wal-Mart Supercenter in Shandong Province on China's east coast in a 2004 photo. Wal-Mart has agreed to acquire a Chinese supercenter chain for about $1 billion in a move that would give the world's largest retailer the biggest food and department store network in China the Wall Street Journal reported on Monday. (Claro Cortes IV/Reuters)Reuters - Wal-Mart Stores Inc. has agreed to acquire a Chinese retail chain for about $1 billion in a move that would give the world's largest retailer the biggest food and department store network in China a source familiar with the situation said on Tuesday.


 
Comments: Post a Comment



<< Home
RSS :
Add to Windows Live Add to My Yahoo! Subscribe with Bloglines Add to Google XML


LINKS
PREVIOUS
PARTNER LINKS
ARCHIVES
September 2006 / October 2006 / November 2006 / December 2006 /

Powered by Blogger