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WalMart arrives

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Valued Contributor
Wal-mart in non-binding offer for Massmart.. Currently completing due diligence before offer (if any) is finalised..
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8 REPLIES 8
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Valued Contributor
@ R148 .. closed Friday R134.75
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Super Contributor
thats some good news for a monday morning :-)
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Not applicable
Why are all the execs exercising thier share options just before this announcement? (see sens)
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Not applicable
Se premarket bids up at R150! Offer is R148!
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Super Contributor
R148 won't stick with shareholders. They know Wal-Mart can afford alot more for a jewel like Massmart.
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Super Contributor
Should'a could'a would'a.....added them to my To Buy watchlist in 2006 at 4000 odd, and never did eish! My value model clearly carries no truck with buy out offers.
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Not applicable
Yep, let's see if this will change our fortune!
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