-
Walmart last minute holiday shopping in...Turkey?
Turkish retailer Migros appears to fit Walmart’s acquisition criteria even if the timing of a potential deal is less than ideal.
Turkey’s leading retailer has been in the headlines a lot this year because the company’s private equity owner, BC Partners, is reportedly looking to dump its ownership position roughly four years after acquiring a majority stake. Various international retailers are said to have had discussions with BC Partners and Walmart is the latest, according to reports this week by the Financial Times, Reuters and other international sources.
-
Report: Wal-Mart and Kroger interested in Hostess Brands
New York -- Wal-Mart Stores and Kroger are said to be among the bidders for assets being sold by Hostess Brands Inc., according to Bloomberg.
The report, which cited a person who asked not to be named because the process is confidential, said there are about two dozen bidders, with some interested in just the cakes or breads businesses, and others in individual Hostess plants or products.