WATCH: Massmart CEO Mitchell Slape on Walmart’s buyout offer
Business Day TV speaks to Slape after Massmart’s net loss widened dramatically
29 August 2022 - 20:58
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Massmart CEO Mitchell Slape. Picture: FREDDY MAVUNDA
Walmart has offered to buy all the shares in Massmart it does not already own. News of the bid accompanied the release of Massmart’s half-year results, which show that the company’s net loss widened to more than R1bn, despite efforts to turn the business around. Business Day TV spoke to CEO Mitchell Slape for more detail.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
NEWS LEADER
WATCH: Massmart CEO Mitchell Slape on Walmart’s buyout offer
Business Day TV speaks to Slape after Massmart’s net loss widened dramatically
Walmart has offered to buy all the shares in Massmart it does not already own. News of the bid accompanied the release of Massmart’s half-year results, which show that the company’s net loss widened to more than R1bn, despite efforts to turn the business around. Business Day TV spoke to CEO Mitchell Slape for more detail.
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