Wal-Mart (WMT) wins the final go-ahead for its $2.4B acquisition of Massmart after a South...

|About: Wal-Mart Stores, Inc. (WMT)|By:, SA News Editor

Wal-Mart (WMT) wins the final go-ahead for its $2.4B acquisition of Massmart after a South African court dismissed an appeal from the government and unions. The ruling ends months of speculation about the future of the deal, which will speed Massmart's sub-Saharan Africa expansion and give Wal-Mart a strong presence in the region.