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Asda's tech separation from Walmart nears £1B as delays mount - MSNLenders told of £175 million project top-up for 2025, four years after buyout The UK's third-largest supermarket has seen the expected costs of its tech divorce from former US owner Walmart rise ...
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 ...
Walmart will receive 3 billion pounds in cash and a 42 percent stake in the combined business, valuing Asda at 7.3 billion pounds on a debt-free basis. Sainsbury's equity was valued at 6 billion ...
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