Walmart Confirms It Is Considering Third-Party Investment In Asda
Published on Feb 27 2020 9:39 AM in Retail tagged: Trending Posts / UK / Walmart / Asda / IPO / Paywall
Walmart has confirmed that it is considering third-party investment in its UK-based Asda business, following what it said is 'inbound interest' from outside parties.
The group reiterated that it believes an IPO is an 'attractive long-term objective' for the UK business, which was the subject of a failed takeover bid from rival Sainsbury's last year.
'Clear Strategy'
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