Walmart de Mexico y Centroamerica informs on the situation regarding the acquisition of Cornershop

PRESS RELEASE Wal-Mart de Mexico, S.A.B. de C. V. (BMV: WALMEX) BB #:143789 announces to its shareholders as well as to the public in general that the Federal...

Company Press Release
June 7, 2019
1 min read

PRESS RELEASE Wal-Mart de Mexico, S.A.B. de C. V. (BMV: WALMEX) BB #:143789 announces to its shareholders as well as to the public in general that the Federal Economic Competition Commission (COFECE) notified its majority shareholder, Walmart Inc. (NYSE: WMT),
its opposition to the acquisition of Cornershop Inc.

We are analyzing the scope of this resolution and the measures we will adopt, since we are sure that this operation is positive for the competitive environment and for the consumer, and that it drives the development of eCommerce in Mexico.

Contact: Corporate Communication, Gabriela Buenrostro Ortega (52-55) 5283-0237, gabriela.buenrostro@walmart.com

nn-cta-image (1)

News you need.

Join Blue Book today!

Get access to all the news and analysis you need to make the right decision --- delivered to your inbox.

Subscribe
MEMBERSHIP BENEFITS

It’s not what you know,
it’s who you know.
Luckily, you know us

Membership
symbol Got a tip for us?
Here is how to submit

What to read next

President Trump to announce tariff details
tariffs

President Trump to announce tariff details

President Trump plans to hold a press conference today, April 2, at 4 pm Eastern, on his tariff plans. The White House announced the new tariffs will take effect immediately. While the details remain unknown, a potential result is a 20 percent universal tariff on most imports or a reciprocal tariff plan applied differently to […]

By Greg Johnson
Edible Garden reports 180% year-over-year gross profit increase for 2024
cea

Edible Garden reports 180% year-over-year gross profit increase for 2024

BELVIDERE, N.J., March 31, 2025 (GLOBE NEWSWIRE) — Edible Garden AG Incorporated BB #:336701, a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce and products, today provided a business update and reported financial results for the three month and full year periods ended December 31, 2024. “We are pleased to report […]

By Press Release
Taylor Farms launches new ad campaign for Chopped Salad Kits
advertising

Taylor Farms launches new ad campaign for Chopped Salad Kits

Taylor Farms, North America’s leading producer of salads and healthy fresh foods, launched its new campaign, “Get Your Salad Together”

By Press Release
Sakata introduces Bimi brand broccoli, retires from Broccolini licensing deal
broccoli

Sakata introduces Bimi brand broccoli, retires from Broccolini licensing deal

Sakata Seed America announces the launch of Bimi, a new consumer brand of baby broccoli now available in the U.S. and Canada.

By Press Release
California Giant Berry Farms

California Giant forecasts strong California strawberry season

A bountiful harvest of California strawberries has arrived for California Giant Berry Farms, as it projects strong volumes

By Press Release
Gaétan Bono Fruits et Légumes partners with Verdant Technologies on iceless broccoli
broccoli

Gaétan Bono Fruits et Légumes partners with Verdant Technologies on iceless broccoli

Verdant Technologies announces a partnership with Gaétan Bono Fruits et Légumes, a respected wholesaler of fresh produce in Eastern Canada.

By Press Release

Subscribe to our newsletter

© 2025 Blue Book Services. All Rights Reserved