Asda could be floated on stock market after failed £12bn Sainsbury's merger

📆 15/5/2019 7:10 PM
📰 The Independent

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Walmart - the world's biggest retailer - tells managers it is mulling listing for its UK supermarket chain but process may 'take years'

She added: “Walmart does not have a one-size-fits-all approach to operating its international markets, but a consistent focus on strong local businesses powered by Walmart.”audacious £12 billion bid to merge with rival Asda earlier this month.The Competition and Markets Authority vetoed the deal, saying it would lead to increased prices in stores, online and at petrol stations across the UK, with shoppers left “worse off” and quality affected.

Write Comment

Asbury’s is off

¡Esas TAMBIÉN son mis tiendas! ¿Cómo es que las estás cuidando ahh?

Great idea Please float it in a sack full of bricks

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Asda could be listed on the stock marketWalmart considers listing its Asda business after its merger deal with rival Sainsbury's was blocked. Whoa... I’m glad the merger was blocked and will be interested to see how things develop. Wal-Mart so want to get rid? But who will buy after the Sainsbury débacle?
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