News Headline Summary

Wal-Mart (WMT) may bid for a Turkish retailer according to the FT

Says:
- May buy Migros Ticaret stake for GBP 1bln.

Update details:

- Migros Ticaret is one of the biggest chain of supermarkets in Turkey, serving an estimated 160mln consumers per year.

Reaction details:

- In immediate reaction to the news last trade at USD 69.01 (-2.65%).

Print 20:34, 12 Dec 2012 - US Equities - Source: Newswires