So just last week D&S and Falabella officially dropped plans to merge their operations after
I said it would be good for Chile, good for small business, but if Wal-Mart buying D&S and entering Chile is the alternative…then hey bring on the merger!
Citing "industry sources" El Mercurio reported that D&S and Wal-Mart have been in talks since “shortly after the merger ended.” Not that entering the market would be easy.
The news has already caught people's attention: the Santiago stock exchange suspended trade on D&S' stock until they clarify what is going on. D&S was quick to deny the rumors, but it was enough to raise at least a few eyebrows.
1 comment:
My husband used to work for Falabella's department of construction. So we were following the merger news pretty closely. But now he has a new job and I hadn't even thought about that for a while...like you said, if the no merger means the alternative is Walmart, oh god, PLEASE merge!
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