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Walmart sells Asda to EG-TDR consortium for $8.8 bn

Last Updated : 02 October 2020, 11:21 IST
Last Updated : 02 October 2020, 11:21 IST

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Walmart Inc has agreed to sell its British supermarket chain Asda to private equity group TDR Capital and the founders of petrol station operator EG Group for 6.8 billion pounds ($8.8 billion), it said on Friday.

Chief Executive Roger Burnley will continue to lead the company

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Published 02 October 2020, 11:21 IST

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