Walmex says Mexico approves sale of clothing chain to Liverpool

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By Michael O’Boyle | MEXICO CITY

MEXICO CITY Wal-Mart de Mexico, Mexico’s biggest
retailer, on Friday said that the country’s antitrust regulator
had approved the sale of its Suburbia chain of clothing stores
to department store operator Liverpool.

Walmex, as the company is known, said in a statement that
the Federal Economic Competition Commission had approved the
deal without and conditions and that the deal would likely be
closed in the coming days.

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