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Royal Ahold, a Dutch retailer, sold its Brazilian chain Bompreco to U.S. retailer Wal-Mart, and sold its Brazilian credit card operation Hipercard to local bank Unibanco
Latin Trade, May, 2004
ROYAL AHOLD, a Dutch retailer, sold its Brazilian chain Bompreco to U.S. retailer Wal-Mart, and sold its Brazilian credit card operation Hipercard to local bank Unibanco. Ahold said the combined value of these operations came to US$500 million. Wal-Mart posted 2003 sales of $654 million in Brazil.
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Most Popular Articles in Business
- Research and Markets : Tesco Plc - SWOT Framework Analysis
- Do Us a Flavor - Ben & Jerry's Issues a Call for Euphoric New Flavors
- eBay made easy: ready to start an eBay business? These 5 simple steps will ...
- Katrina's lawsuit surge: a legal battle to force insurers to pay for flood ...
- Wal-Mart's newest distribution center opened last month near the southwest ...
- More »