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Wal-Mart tapping South Africa market

Wal-Mart Stores Inc. is buying a 51 percent stake in South African retailer Massmart. The transaction, worth about $2 billion, will cost Wal-Mart $20.71 per share. • OVERSEAS AGENDA: The Massmart deal gives Wal-Mart access to South Africa’s fast-growing economy at a time when U.S. …

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