Asda has raised close to £600m from two deals for its supermarkets ahead of a looming debt repayment to previous owner ...

Asda has offloaded 24 stores and its Lutterworth depot in sale & leaseback deals, raising £568m. Ten of the stores and the ...

Walmart is retreating from Europe, merging its UK supermarket business Asda with bigger rival Sainsbury's. In return, Walmart will receive £2.97 billion ($4.1 billion) in cash and a 42% stake in the ...

Walmart (WMT) on Wednesday confirmed it is in talks to sell a controlling stake in Asda. The world’s largest retailer said it had received “inbound interest” from several parties about acquiring a ...

UK grocery chain Asda has finally completed Project Future, its multi-year, £1 billion IT transformation push to separate more than 2,500 systems from former owner Walmart, with all stores, food ...

Walmart will sell a majority stake in the UK-based grocery retailer Asda to the Issa brothers, the co-CEOs of EG Group, and TDR Capital for an enterprise value of $8.8 billion. The Issa brothers and ...

LONDON (Reuters) -Asda, Britain’s third-largest supermarket group, said on Thursday that sales in its current quarter would be dented by disruption linked to the final phase of a major IT overhaul ...

Britain's Issa brothers and private equity group TDR Capital must address the competition regulator's concerns that their purchase of the Asda supermarket chain could lead to higher fuel prices to ...

LONDON (Reuters) - Sainsbury's and Walmart's Asda are in talks to create Britain's biggest supermarket group, a combination which would surpass Tesco's grocery market share and be worth up to 15 ...