South African Judge Aims to Give Wal-Mart Ruling by Year-End

South African Competition Appeal Court Judge President Dennis Davis said he aims to announce a decision on Wal-Mart Stores Inc.’s purchase of a controlling stake in Massmart Holdings Ltd. by the end of next month.

“I hope to get it out by the end of December,” Davis said in an interview in Cape Town today. “I can give you a guarantee that it will be out by the end of January.”