Wal-Mart de México, S.A.B. de C.V. (BMV:WALMEX *) cancelled the acquisition of 12 commercial Mexicana supermarket stores of Organización Soriana, S. A. B. de C. V. (BMV:SORIANA B).
April 09, 2019
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Wal-Mart de México, S.A.B. de C.V. (BMV:WALMEX *) agreed to acquire 12 commercial Mexicana supermarket stores of Organización Soriana, S. A. B. de C. V. (BMV:SORIANA B) on April 10, 2018. The transaction has been rejected by Mexico Federal Commission of Economic Competition.
Wal-Mart de México, S.A.B. de C.V. (BMV:WALMEX *) cancelled the acquisition of 12 commercial Mexicana supermarket stores of Organización Soriana, S. A. B. de C. V. (BMV:SORIANA B) on April 10, 2019.
Wal Mart de Mexico SAB de CV is a Mexico-based company engaged in operating self-service stores. The Company's segments include Mexico and Central America. In Mexico, the Company operates through Self-service, which includes the operation of discount stores, hypermarkets, wholesale-price membership stores and supermarkets, and Others, which includes department stores and real estate transactions with third parties. In Central America, it operates discount stores, supermarkets, hypermarkets, warehouse stores and wholesale-price membership stores in Costa Rica, Guatemala, Honduras, Nicaragua and El Salvador. It offers products in a range of categories, such as food, consumables, general merchandise and apparel. It offers products under various brand names, including Bodega Aurrera Express, Walmart, Sam's Club, Superama, Suburbia and Medimart Pharmacies. The Company also operates e-commerce business in Mexico. It is controlled by Wal Mart Stores Inc.
Wal-Mart de México, S.A.B. de C.V. (BMV: WALMEX *) cancelled the acquisition of 12 commercial Mexicana supermarket stores of Organización Soriana, S. A. B. de C. V. (BMV