Walmart to sell UK unit Asda to Sainsbury's - MarketWatch


The Sun

Walmart to sell UK unit Asda to Sainsbury's
MarketWatch
LONDON -- Walmart Inc. on Monday said it would sell its British arm Asda Group Ltd. to rival J Sainsbury PLC, a deal that values the chain at about GBP7.3 billion ($10.1 billion) and would, if successful, create the largest player in the U.K.'s ...
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