Wal-Mart would expand in Russia

Wal-Mart, the world's largest retailer network would purchase the Kopeyka, Russian retail company – reports Bloomberg.

The OAO Trade House Kopeyka belongs to the Russian billionaire businessman, Nikolai Tsvetkov, who estimates the value of the company for approximately 1.7 billion USD, and will not sell the company for less to the Retail X5 Group, which is Russia's largest retailer – reports Origo, after Bloomberg.