Supermarkets
Asda plans to offload 20 stores in £400m deal to raise cash
The news comes after the supermarket grapples with £3.8bn of debt, following its £7bn acquisition in 2021 by private equity TDR and the Issa brothers
Asda is reportedly set to sell around 20 supermarket stores in a bid to raise £400m as it aims to generate more cash for the business, according to the Telegraph.
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