Wal-Mart Abandons Efforts To Enter Russian Market
STEVE INSKEEP, Host:
From Moscow, Peter Van Dyk reports.
PETER VAN DYK: Natalya Zagvozdina is an analyst with Renaissance Capital Investment Bank. She says the global financial crisis meant some good deals were on offer, but Wal- Mart failed to take advantage.
NATALYA ZAGVOZDINA: I really am puzzled with this move to be present on the ground for many years, and during the crisis, looking at a number of acquisitions and not making one. In my opinion, they've lost a few years of good growth, but I'm positive they will return.
VAN DYK: For NPR News, I'm Peter Van Dyk, in Moscow.
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