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TRENDING: Walmart reportedly seeking buyers in Brazil
Language : hindi
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24-01-2018 05:08:41 .
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Walmart is looking to divest major stake in its Brazil unit, and is talking to buyout firm Advent International and private equity firms GP Investments and Acon Investments, according to Reuters report citing two unnamed sources. 
 
Walmart has built significant business in Mexico, (pledging $1. billion investment in operations there little over year ago) but is reportedly faltering elsewhere in Latin America, especially in Brazil.  
 
Just last year Walmart was reportedly mulling boosting its investment in Brazil  some $320 million over three years to invigorate sales there. Walmart didn't immediately return Retail Dive's request for more information or comment on its plans for the country. 
 
Source: Retail Dive 
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information significant immediately invigorate reportedly operations especially investment according faltering
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