For this transaction, Walmex will pay $110 million in cash and issue stock for $593 million.
Wal-Mart Central America is owned by Wal-Mart Stores Inc. (51%) and minority shareholders (49%). It operates 519 stores, 11 distribution centers, and agri-industrial operations in 5 countries (Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica).
Wal-Mart Mexico (Walmex), "... will make subsequent cash and stock payments. It proposes issuing 55 million shares, to be distributed to the current shareholders of the Central American company if certain profitability levels are met".
NAI Costa Rica is the representative of NAI Global in Costa Rica and Central America, leaders in real estate consulting services worldwide; with 380 offices in 55 countries around the world.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (506) 2228-7760 - (506) 2289-8075