Deals
Wal-Mart in Partner Talks With Indonesia Retailer, Reuters Says
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Wal-Mart Stores Inc. is in talks to partner with Indonesian retailer PT Matahari Putra Prima, Reuters reported, citing unidentified people with knowledge of the deal.
Wal-Mart is in discussions to develop Matahari’s hypermarkets, Reuters reported. Hypermarkets are large-format outlets that combine features of supermarkets with those of department stores.