Dive Summary:

• Walmart Stores, Inc has announced it plans to become the first foreign company to invest in multi-brand retail, according to sources.
• The company plans to purchase a 49% stake in Cedar Support Service, the holding company for Bharti Retail, in September.
• Bharti Retail owns 228 outlets that include 205 Easyday supermarkets and 23 Easyday Hypermarkets.

From the article:
"Walmart has invested (CCDs worth Rs 455.8 crore) in CSSL, an Indian-owned and operated firm that provides real estate advisory, facilities management, design and construction and other services crucial to our growth plans and India's overall infrastructure development," the Walmart India spokesperson said.