Tag: Walmart
Brazil: Walmart-Advent deal gets antitrust approval
According to a report from Reuters, Brazil’s antitrust watchdog Cade on Friday approved buyout firm Advent International’s acquisition of Walmart's Brazilian operations, and sought...
India: Flipkart will still be board-run after Walmart deal
While Walmart has taken a majority stake in Flipkart, the company’s operating structure will remain the same: Flipkart Co-founder and Group CEO Binny Bansal...
India: Walmart approaches CCI for approval of Flipkart buy
Global retail giant Walmart has approached fair trade regulator Competition Commission of India (CCI) for approval of its proposed acquisition of a majority stake...
What Flipkart Means For Walmart
Posted by PYMNTS
What Flipkart Means For Walmart
After much speculation – and a fair amount of “will they, won’t they” – it looks like the...
India: Walmart’s US$15b bid secures Flipkart buy against Amazon
The race to win India’s eCommerce power player Flipkart is over and won by Walmart with a US$15 billion bid on the firm. The...
UK: Walmart to sell Asda, creating UK’s largest supermarket chain
Walmart is selling Asda Group, its UK grocery subsidiary, to bigger rival J Sainsbury in a deal valued at £7.3 billion (US$10 billion).
Under the...
US: Walmart soon to close US$12.7b Flipkart deal
Walmart is getting extremely close to securing a deal that would give it a majority stake in Indian eCommerce powerhouse Flipkart. That deal will...
US: Walmart And Google team up to take on Amazon voice...
When Walmart goes to war for retail dominance, it does not kid around about it. The last year has seen the nation’s once-largest retailer...
UK: WalMart’s local branch looking to buy out competition
WalMart’s UK supermarket branch, Asda, is reportedly looking to take over discount retailer B&M European Value Retail for GB£4.4 billion (US$5.7 billion).
The Sunday Times...
US: Walmart finalizes another ecommerce acquisition
The world’s largest brick-and-mortar retailer is in advanced discussions to acquire Bonobos, a 10-year-old men’s fashion retailer based in New York City. Sources say...