US retailer Walmart puts in a R6.4 billion offer to buy Massmart
By Zuko Komisa US Retail giant Walmart, which is currently a majority shareholder in Massmart, has proposed a R 6,4 billion deal to acquire the remaining shares of the SA-based retailer. Massmart owns stores such as Makro, Fruitspot, Builders, Cambridge, Dionwired, GAME, and Jumbo Cash and Carry. Massmart is a well-known and distinctive African retail and wholesale organization with 403 locations across 13 sub-Saharan nations. Also Read: #VoetsekMeghan trends after […]