Walmart 'seriously considering' stock market float for Asda

The US owner of Asda has revealed that it is"seriously considering" a stock market flotation for the British supermarket chain after the collapse of its planned merger with Sainsbury's., prompting speculation over whether Walmart may seek to sell or spin off the business.

She said:"While we are not rushing into anything, I want you to know that we are seriously considering a path to an IPO - a public listing - to strengthen your long term success."

Sell it off now and make a profit before the impending economic collapse

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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?
Source: BBCNews - 🏆 3. / 97 Read more »

Asda could be floated on stock market after failed £12bn Sainsbury's mergerWalmart - the world's biggest retailer - tells managers it is mulling listing for its UK supermarket chain but process may 'take years' Great idea Please float it in a sack full of bricks ¡Esas TAMBIÉN son mis tiendas! ¿Cómo es que las estás cuidando ahh? Asbury’s is off
Source: The Independent - 🏆 80. / 59 Read more »