date:Feb 09, 2014
ile, and this acquisition is consistent with Walmarts strategy of managing our portfolio and investing in growth markets, said David Cheesewright, president and CEO of Walmart International. We thank the Ibez family for their invaluable contributions both to Walmart Chile and the Chilean retail industry as a whole, and we are proud to continue to invest in this great business they founded.
As previously announced, in the coming days Walmart intends to launch a cash tender offer for the remainin