Failed Walmart's acquisition of Cornershop for $225M.

Walmart and delivery app Cornershop abandoned plans of acquisition after Mexican anti-trust officials blocked the deal. Walmart wanted to acquire Cornershop, provider of on-demand delivery from supermarkets, pharmacies, and specialty food retailers in Mexico and Chile, for $225m. The deal was seen as an opportunity to leverage both the brands, as well as Walmart’s strong supply chain and store network.