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Posted on: June 5, 2018, 7:01 a.m.
Advent International to Acquire Majority Stake in Walmart BrazilWalmart Inc. to Retain 20 Percent Stake Upon Completion of Transaction BOSTON & BENTONVILLE, Ark., June 4, 2018-- Walmart Inc. (NYSE: WMT) and Advent International, one of the largest and most experienced global private equity investors, announced that Advent has agreed to invest in a majority stake in Walmart Brazil to strengthen the business and position it for long-term success. Under the terms of the agreement, Advent will hold 80 percent of ... Full investment news articleRelevent to this post: State Administration of Foreign Exchange Advent International,