Mergers & Acquisitions

Bentonville, Ark. -- Wal-Mart Stores announced that Enrique Ostale, president and CEO of Walmart Chile, formerly D&S, has been named EVP, president and CEO of Walmart Latin America, where he will oversee Walmart's operations in Argentina, Brazil, Chile, Costa Rica, El Salvador, Guatemala, Honduras, Mexico and Nicaragua.

The head of Walmart’s Chilean operation will assume responsibility for all of Latin America following the retirement of current president and CEO Eduardo Solorzano.

ATLANTA — First Data Corporation, a global leader in electronic commerce and payment processing, has announced that CEO Jon Judge plans to retire from the company for health reasons.

First Data offers e-commerce solutions to merchants, financial institutions and their customers. First Data leverages its product portfolio and expertise to drive customer revenue and profitability, and facilitates payment by debit or credit card, gift card, check or mobile phone, online or at the checkout counter.

FRISCO, Texas — National Envelope, a privately held envelopes manufacturer in North America, has appointed former Tyco executive Jim Pinto to president and COO.

An affiliate of global investment firm the Gores Group, National Envelope regards itself as an environmental leader in the paper and envelope converting industries and has certifications from the Forest Stewardship Council, Rainforest Alliance, Sustainable Forestry Initiative, Programme for the Endorsement of Forest Certification and Green Seal.

Chicago -- Walgreens on Wednesday told shareholders at the chain’s annual meeting in Chicago that it will continue to push the envelope of traditional drugstore retailing. Going forward, the company said it is focused on three areas of opportunity:

MINNEAPOLIS — In a move that will reunite all Albertsons stores under one operator, Supervalu on Thursday morning announced a definitive agreement under which it will sell 877 stores across the Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market banners and related Osco and Sav-on in-store pharmacies to AB Acquisition, an affiliate of Cerberus Capital Management, in a transaction valued at $3.3 billion.

CHICAGO — "[The year] 2012 was definitely an important year for Walgreens," Greg Wasson, Walgreens president and CEO, told shareholders here, at the Navy Pier, Wednesday afternoon, at the chain's annual shareholder meeting. "We did make some tough choices to protect and solidify … our position for the long term," he said. "[But] our vision is crystal clear to become the first choice for health and daily living in America."

Bismarck, N.D. -- Chattanooga, Tenn.-based CBL & Associates Properties announced Thursday that it plans to acquire Kirkwood Mall, located in Bismarck, N.D., from Radiant Partners.