Walmart sells Asda to a group of investors
The American retailer Walmart has agreed to sell a majority stake in Asda, its British chain of supermarkets, to a group of investors comprising the brothers Mohsin and Zuber Issa and TDR Capital. The deal values Asda £6.8 billion (€7.5bn-$8.8bn). Walmart will keep a minority stake in Asda. The deal ...
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