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Asda returns to UK ownership as Walmart agrees GBP6.8bn sale

2020-10-02 14:36:00| Daily apparel & textile news and comment - from just-style.com

US retail giant Walmart is to sell its UK supermarket chain Asda to the Issa brothers, founders and co-CEOs of EG Group, a global convenience and forecourts retailer, and private equity firm TDR Capital for GBP6.8bn (US$8.8bn).

Tags: sale returns ownership agrees

Category:Consumer Goods and Services

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