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Walmart offers $377.6M to buy out South African Massmart

Walmart Inc., who already owns a large part of South African retailer Massmart, has made an offer to buy the remaining 47 percent. ....

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Walmart Makes Offer to Buy Out Rest of South African Retailer Massmart

JOHANNESBURG Walmart Inc. has launched a 6.4 billion rand ($377.6 million) offer for the remaining 47 percent of South . ....

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Walmart makes offer to buy out rest of S.African retailer Massmart

Shares in Massmart surged 46 percent after the company announced the news on Monday, as its Chairman Kuseni Dlamini said the offer seems "fair and reasonable." ....

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