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Wal-Mart's (WMT) purchase of Massmart (MMRTY.PK) is under the spotlight of regulators in South...
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Thursday, October 20, 2011, 9:01 AM ETWal-Mart's (WMT) purchase of Massmart (MMRTY.PK) is under the spotlight of regulators in South Africa after the government filed a lawsuit compelling the review of its prior approval of the deal. Wal-Mart international CEO Doug McMillon says the company can't commit to procurement targets requested by officials, but is "happy" to invest and grow the local supplier base.
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