African retailer Massmart (MMRTY.PK) says the South African competition commission recommended...

|About: Massmart Holdings Ltd. ADR (MMRTY)|By:, SA News Editor

African retailer Massmart (MMRTY.PK) says the South African competition commission recommended approval of Wal-Mart's (WMT -0.9%) proposed $2.4B offer to buy a controlling stake in the company, even as labor unions plan to protest against the deal in a final hearing. (previous)