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.

Reaction details (21:34)

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

Analysis details (21:45)

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

12 Dec 2012 - 21:33 - Equities - Source: Newswires

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