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 ...

LONDON (Reuters) - Asda will be scrutinized 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 ...

LONDON, May 10 (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 ...

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 ...

Walmart has agreed to sell UK grocery chain Asda to the Issa brothers and private equity firm, TDR Capital, for an enterprise value of £6.8 billion. The consortium was rumoured as the preferred bidder ...

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 ...

Walmart (NYSE:WMT) completes the sale of U.K. grocery chain Asda. The retailer announced the sale to its preferred bidding group, two British billionaires and private equity firm TDR Capital, in a ...

That Asda, the UK arm of Wal-Mart and the country’s second-largest retailer, is keen to open smaller stores is well-known throughout the industry. That Asda would buy the UK stores of discount chain ...

British supermarket group Asda ended its 22 years under Walmart ownership with accelerating underlying sales in the Christmas quarter, driven by strong demand for premium ranges. LONDON, Feb 18 ...

LONDON, July 20 (Reuters) - Walmart WMT.N, the world's biggest retailer, has restarted talks with potential buyers of a stake in its British supermarket arm Asda, a Walmart spokesman said on Monday.

With the deal to sell its U.K. division done, Walmart WMT is continuing its retreat from the global retailing world and increasingly focusing more and more of its attention on its U.S. mothership.