BENTONVILLE, Ark.–Wal-Mart has issued a successful offer to acquire Distribucion y Servicio D&S S.A., Chile’s largest food retailer.
The deal calls for Wal-Mart to purchase about 58.2 percent of the issued and outstanding shares of D&S.
D&S generated 2007 revenues of $3.8 billion. It operates more than 180 stores, 10 shopping centers and 85 PRESTO financial services branches.