Wal-Mart Stores Inc. (WMT) and Massmart Holdings Ltd. (MSM) “respectfully disagree” with the Competition Appeal Court’s finding that there appeared to be a link between 503 job cuts and the companies’ merger, Massmart spokesman Brian Leroni said.
The process of reinstating workers has already begun, Leroni said in Cape Town today. The companies welcomed the court decision upholding Wal-Mart’s takeover of Massmart, he said.
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