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Wal-Mart Asda to buy UK's Netto

Last Updated : 27 May 2010, 15:26 IST
Last Updated : 27 May 2010, 15:26 IST

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Asda said on Thursday it was buying discounter Netto’s 193 stores in the UK and would convert them to an Asda fascia by summer 2011.

Asda is currently Britain’s second-biggest supermarket group. The top supermarket groups in the UK have been battling to extend their reach into smaller format stores.

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Published 27 May 2010, 15:26 IST

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