July 30, 2016 10:33 PM ET

Food and Staples Retailing

Company Overview of Walmart Chile S.A.

Company Overview

Walmart Chile S.A. engages in the operation of supermarkets, stripcenters, and hypermarkets in Chile. It operates through Retail Division, Financial Services Division, and Real Estate Division. The company offers non-perishable food products comprising general grocery, snack, non-alcoholic and alcoholic beverage, breakfast, dog food, canned food, non-refrigerated dairy, candy, vitamin, mineral, and baby food products; and perishable food products, including refrigerated dairy, dried beef, meat, seafood, egg, prepared food, pastries and bread, frozen vegetable, fruit and frozen juice, ice-creams and dessert, and ice products. It also provides non-food, products, which include napkin, paper to...

Apoquindo 3721

Piso 13

Las Condes

Santiago,  

Chile

Founded in 1996

49,118 Employees

Key Executives for Walmart Chile S.A.

Walmart Chile S.A. does not have any Key Executives recorded.

Walmart Chile S.A. Key Developments

Walmart Chile Reportedly Seeks Sale Of Properties

Walmart Chile S.A. (SNSE:WMTCL) is seeking to sell 52 properties, including land and buildings, in Chile. Walmart Chile could raise $40 million (€35.9 million) through the sale of properties. A number of Ekono stores are on the list as part of the sale.

Grupo Patio, Parque Arauco and Capital Advisors Might Acquire Walmart Chile’s Properties

The leading contenders for 10 Espacio Urbano malls put up for sale in October last year by Walmart Chile S.A. (SNSE:WMTCL) are thought to be Patio Gestión Inmobiliaria S.A. (linked to the Jalaff Sanz family and Roberto Sumar) and Capital Advisors whilst also in the running are Parque Arauco S.A. (SNSE:PARAUCO) and Inversiones La Construccion Ltda, the investment arm of La Camara Chilena de la Construccion.

Brookfield Reportedly Offers To Acquire Espacio Urbano

Brookfield Asset Management Inc. (TSX:BAM.A) has offered to acquire Espacio Urbano shopping centers that Walmart Chile S.A. (SNSE:WMTCL) is looking to sell. These malls are valued at $400 million - $600 million and although the fund's offer is confidential, sources said.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 19, 2016
10 Espacio Urbano Malls
Merger/Acquisition
December 10, 2015
The Espacio Urbano in Vina del Mar
 

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