Regulators approve Wal-Mart’s $2.4 billion bid for South African company, with conditions

Regulators approve Wal-Mart’s $2.4 billion bid for South African company, with conditions
JOHANNESBURG – Regulators have approved Wal-Mart’s 17 billion rand (about $2.4 billion) bid to buy a controlling share of a South African chain in a ruling Tuesday that culminated a fierce debate over protectionism in the country with the continent’s most promising economy.

Read more on The Canadian Press via Yahoo! Canada News

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