Wal-Mart (WMT) Could Bid for Distribucion y Servicio (DYS) -Bloomberg

June 17, 2008 1:45 PM EDT

Bloomberg is reporting that shares of Distribucion y Servicio D&S S.A. (NYSE: DYS) have jumped on speculation that Wal-Mart (NYSE: WMT) could buy the Chilean supermarket operator.

DYS was halted about a half hour ago as it has risen about 25% intraday on these rumors.

Distribucion y Servicio D&S S.A. and its subsidiaries engage in the operation of supermarkets in Chile.


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DYS 24.34

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WMT 54.24

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