Game over? Why Walmart wants to take control of a bleeding Massmart

The original article can be found here.

Article highlights:

  • Delisting Massmart from the JSE will allow Walmart to ramp up its restructuring of the struggling group away from public scrutiny.
  • This should leave the company in a better shape – for Walmart to keep, or to sell, analysts say.
  • It won’t find a buyer, much less a good price, for the business as things stand.