Deal of Good Hope

27 September 2010 By Rob Cox

It could grate on shareholders ears to hear the U.S. retailer may pay 13 times EBITDA for South Africa s Massmart. But the $4.2 bln purchase will give WalMart a local vehicle and local knowledge to help gain access to a huge market with a profile that should suit it well.

This content is for Subscribers only

To access full content you must be a subscriber. Please use the following link to request a trial.


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)