US retailer also considers flotation after failure of attempted Sainsburys mergerWalmart is in talks to sell a majority stake in Asda, the UKs third-largest supermarket chain.The US retailer said it was talking to a small number of interested parties about a possible investment in Asda. It is understood to be looking to retain a minority stake in the business, two decades after it moved into the British market by acquiring the grocer. Continue reading...
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