Wal-Mart Looks to Buy South African Chain

BENTONVILLE, Ark. — Wal-Mart Stores on Monday said it has made a preliminary offer to acquire South African retailer Massmart Holdings for about $4.2 billion.

BENTONVILLE, Ark. — Wal-Mart Stores on Monday said it has made a preliminary offer to acquire South African retailer Massmart Holdings for about $4.2 billion.

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