Walmart
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Aug- 2023 -17 AugustPeople Moves
Walmart International boss to step down
Walmart has announced its International president and CEO Judith McKenna is to step down from her role in order to…
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Aug- 2021 -26 AugustTechnology
Walmart commercialises delivery platform
Walmart is commercialising its delivery platform, with the launch of โWalmart Go Localโ which will see other retailers tap into…
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Feb- 2021 -12 FebruarySupermarkets
Issa brothers junk bond sale raises ยฃ2.75bn
The Issa brothers, Asdaโs billionaire buyers, have raised a record-breaking ยฃ2.75bn through a sterling junk bond, as investors continue to…
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Oct- 2020 -11 OctoberSupermarkets
New Asda owners considering ยฃ3bn George sale
The Issa brothers, the new owners of โBig Fourโ grocer Asda, are reportedly considering a ยฃ3bn sale of its clothing…
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Sep- 2020 -23 SeptemberSupermarkets
Lone Star drops out of Asda race
US private equity firm Lone Star has reportedly dropped out of the ยฃ6.5bn race to acquire Asda from Walmart. According…
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Mar- 2020 -2 MarchSupermarkets
EG Group to vie with equity firms for Asda stake
The EG Group, owned by petrol station billionaire brothers Zubin and Moshin Issa, is reportedly among a number of interested…
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Feb- 2020 -27 FebruarySupermarkets
Walmart in talks over potential sale of stake in Asda
American retailer Walmart has revealed it is in talks over a potential sale of its stake in โBig Fourโ grocer…
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Oct- 2019 -18 OctoberSupermarkets
Walmart offloads Asda pensions amid IPO plans
Asda owner Walmart has reportedly struck a deal to offload ยฃ3.8bn worth of pension liabilities as it eyes a potential…
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May- 2019 -15 MaySupermarkets
Walmart considering Asda IPO
โBig Fourโ grocer Asda could be listed on the stock market as its parent company Walmart mulls over its future…
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7 MaySupermarkets
Walmart mulls Asda sale following failed merger
Asdaโs parent company Walmart is considering selling the โBig Fourโ Grocer after its failed merger with Sainsburyโs was announced last…
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