ASDA Bought by Billionaire Issa Brothers in £6.8B Deal

October 7, 2020 Dearbail Jordan, BBC

Two billionaire brothers from Blackburn have won the battle to buy Asda from Walmart of the US, in a deal valuing the supermarket chain at £6.8bn.

The Great Walmart Worldwide Redo Continues

July 28, 2020 Warren Shoulberg, Forbes

Walmart became the largest retailer in the U.S. through superior logistics, cost-cutting, site selection, capital investment in its footprint and a relentless push to focus on low prices.

Asda Owner Walmart Putting Major Stake in Supermarket Up For Sale

March 4, 2020 Emma Munbodh, The Mirror

Asda’s US owner has confirmed it is in early stage discussions about the potential sale of a controlling stake in the UK supermarket.

Asda Becomes First Retailer to Publish Farmed Seafood Sources as Part of the Ocean Disclosure Project

September 13, 2019 Ocean Disclosure Project

In a move to increase transparency in seafood supply chains, UK supermarket Asda has become the first retailer to publish sourcing details for its farmed seafood, as part of an update to the company’s annual Ocean Disclosure Project profile. The update marks the first time that an ODP participant has publicly disclosed information on both wild and farmed species.

UK Regulator Blocks Sainsbury’s $ 9.4B Takeover of Walmart’s ASDA

Britain’s competition regulator on Thursday blocked Sainsbury’s proposed 7.3 billion pound ($ 9.4 billion) takeover of Walmart-owned Asda – a huge blow to the supermarket groups who wanted to combine to overtake market leader Tesco.