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Saturday, May 9, 2026

Wal-Mart Bids $4.26B For South Africa’s Massmart

Wal-Mart Stores Inc., the world’s No. 1 retailer, made a proposal to buy Massmart Holdings Ltd. for $4.26 billion in its biggest deal in more than 10 years, as it seeks entry into the rapidly growing African market.

*For more on this story, read the full MarketWatch article.

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