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US retail giant to move into Chile

China Daily | Updated: 2008-12-23 07:52

US retail giant to move into Chile

A shopper exits a Wal-Mart store in Niles, Illinois. Bloomberg News

Wal-Mart Stores Inc's planned purchase of Chile's Distribucion y Servicio D&S SA will be the discount retailer's biggest acquisition in Latin America and grab market share amid a global economic slump.

US retail giant to move into Chile

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