LONDON — Eighteen months after Britain’s competition authority nixed the proposed merger of supermarket giants Asda and Sainsbury’s, Walmart has found new owners for Asda. The deal is valued at 6.8 ...
LONDON (Reuters) - Asda will be scrutinised for clues on whether U.S. owner Walmart wants to line it up for sale or to compete longer term in the cut-throat British grocery market when it gives its ...
Completing the Asda sale has been a long and bumpy road for Walmart, but doing so pulls it back from a messy U.K. grocery battle and gives it more ammunition to pour into its U.S. stores and online ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. LONDON (AP) — Retail giant Walmart has ...
Asda’s sales slump has deepened as the grocer faces a battle to win back shoppers in the crucial run-up to Christmas.
U.K. regulators have blocked the merger of ASDA with Sainsbury. The final word just came from the Completion and Market Authority (CMA), who found that the merger would lessen competition at both the ...