Go Wal-Mart
MSNBC is reporting (the page is here: http://www.msnbc.msn.com/id/15292676/) that Wal-Mart is set to purchase Taiwanese company Trust-Mart for $1 billion that will give Wal-Mart “the biggest food and department store network in China”, surpassing Carrefour, currently the largest of these retailers in China. Chinese regulators must approve this deal between Wal-Mart and Trust-Mart.
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