Royal Ahold, a Dutch retailer, sold its Brazilian chain Bompreco to U.S. retailer Wal-Mart, and sold its Brazilian credit card operation Hipercard to local bank Unibanco.

ROYAL AHOLD a·hold
n.
Hold; grip: "I knew I could make it all right if I got . . . back to the hotel and got ahold of that bottle of brandy" Jimmy Breslin. , a Dutch retailer, sold its Brazilian chain Bompreco to U.S. retailer Wal-Mart

Editing of this page by unregistered or newly registered users is currently disabled due to vandalism. , and sold its Brazilian credit card operation Hipercard to local bank Unibanco. Ahold said the combined value of these operations came to US$500 million. Wal-Mart posted 2003 sales of $654 million in Brazil Brazil (brəzĭl`), Port. Brasil, officially Federative Republic of Brazil, republic (2005 est. pop. 186,113,000), 3,286,470 sq mi (8,511,965 sq km), E South America. .

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Title Annotation:	Brazil; Royal Ahold N.V.; Wal-Mart Stores Inc.; Uniao de Bancos Brasileiros S.A.
Comment:	Royal Ahold, a Dutch retailer, sold its Brazilian chain Bompreco to U.S. retailer Wal-Mart, and sold its Brazilian credit card operation Hipercard to local bank Unibanco.(Brazil)(Royal Ahold N.V.)(Wal-Mart Stores Inc.)(Uniao de Bancos Brasileiros S.A.)
Publication:	Latin Trade
Article Type:	Brief Article
Geographic Code:	1USA
Date:	May 1, 2004
Words:	49
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