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Walmart restarts Asda sale talks

Walmart has restarted talks to sell a stake in Asda.

The American grocery giant put discussions on hold during the coronavirus lockdown, but has now restarted negotiations with potential investors.

In the spring Walmart said that it was in talks with possible buyers of a majority stake in the group.

Apollo Global Management, TDR Capital and Lone Star Funds were then in the running.

The Times (£)

The FT (£)

The Guardian

 

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