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Target: Groundbreaking ceremony in Yonkers, New York
US: Walmart Board of Directors adds former AT&T Chairman and CEO Randall Stephenson
Walmart Inc. announced that its Board of Directors has appointed Randall Stephenson, former Chairman and Chief Executive Officer of AT&T Inc., as a new member of the company’s board, Stephenson became the 12th member of the board. “Randall’s experience as a global business leader and, in particular, his leadership skills and insights in finance, technology, retail and brand management will be a tremendous benefit as we shape the next generation of retail”, said Walmart Chairman of the Board Greg Penner. “We look forward to working with him as we drive Walmart’s strategy forward and continue providing effective governance for all our stakeholders”.
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Serbian competition authorities clear Mercator’s transfer to Fortenova Group
Fortenova Group has announced that the Serbian commission for protection of competition has approved the intention of the group to acquire control over the company Poslovni sistem Mercator d.d., Ljubljana. The company has fulfilled regulatory prerequisites to obtain approval from the competent national regulatory authorities for the protection of market competition in all required territories, including Serbia, Bosnia and Herzegovina, Montenegro, and Northern Macedonia. Fortenova Group has also obtained approval from the European Commission.
UK: Deliveroo reduces losses
Over the past year, Deliveroo has, once again, grown strongly, although it still made a considerable loss. In the meantime, the British meal delivery company is working on the previously announced IPO. Deliveroo saw the transaction value increase by 64% to 4.1bln pounds (4.8bln
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