Walmart in talks with third parties over investment in UK arm Asda

Walmart , the world's largest retailer, said on Wednesday that following"inbound interest" it was in talks with a small number of interested parties regarding an opportunity to invest in Asda, its British supermarket arm, alongside itself.

FILE PHOTO: Walmart's logo is seen outside one of the stores ahead of the Thanksgiving holiday in Chicago, Illinois, U.S. November 27, 2019. REUTERS/Kamil KrzaczynskiShare this contentLONDON: Walmart , the world's largest retailer, said on Wednesday that following"inbound interest" it was in talks with a small number of interested parties regarding an opportunity to invest in Asda, its British supermarket arm, alongside itself.

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CapitaLand Q4 profit almost doubles to $926.6m; buys UK business park for $222.4mSINGAPORE (THE BUSINESS TIMES) - Property giant CapitaLand's net profit almost doubled to $926.6 million for its fourth quarter ended Dec 31, 2019, from $475.7 million a year ago.. Read more at straitstimes.com.
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