Surprise offer from Alfredo Coto to stay at Walmart in Argentina

Business man Alfredo Coto I present to you today a surprise offer in order to stay with certain branches of American society Walmart, situated in Argentina. The offer was quickly sent to Bentonville, a city belonging to the state of Arkansas. It is located the official seat of the international store company recognized around the world.

According to the press agency N / A, the chain of supermarkets and hypermarkets in Argentina It came to offer twice as much as other companies as part of the Walmart branch offering. In turn, he softened the proposal by ensuring the continuity of at least 9,500 jobs and of all premises outraged capital contributions. In the end, he promised the US company capitalization for an additional $ 50 million.

“Coto came to offer twice as much as the other companies which are in the offer”

Those who wished to stay with the North American giant were politicians Francisco De Narváez, current owner of Aunt’s house and a line of supermarkets in Uruguay appointed Dad, and bottom Inverlat and Carval, who has decided to exit the race as industry sources could confirm to the news agency.

This episode occurs in accordance with what was announced by Walmart a few days ago. The hypermarket chain has reported a possible exit from the country. After 25 years of permanence, the fourth supermarket chain, behind crossroads, Cencosud and the same Coto, has no desire to continue its operations on Argentinian soil.

“After 25 years of permanence, Walmart has no desire to continue its operations on Argentine soil”

Finally, and as the digital medium confirms Infobae, it is not possible to specify the total figure proposed by Coto to stay with the branches of the American conglomerate. One of the main reasons Walmart made the decision to cease operations in Argentina is directly related to the international arena. Previously, the North American chain sold its branches in Brazil basically Advent and in UK. Added to this is constant volatility in which the Argentinian economy fits.

JFG / DS