• Home
  • Tags
  • walmart

walmart news and archive

Business

Walmart sells Asda in 6.8 billion pound deal

British supermarket giant Asda has been sold by Walmart to two billionaire brothers and private equity firm TDR Capital in a 6.8 billion pound (8.8 billion dollar) deal. Under the new ownership structure, Mohsin and Zuber Issa and TDR Capital have acquired a majority ownership stake in the retailer, while Walmart will retain an equity investment...

5 Oct 2020