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Home Breaking News Blackburn brothers bid billions to buy Asda

Blackburn brothers bid billions to buy Asda

by LLB Finance Reporter
28th Sep 20 4:05 pm

The Blackburn brother and a private equity firm have been named as the preferred bidders to buy the US Walmart owned Asda.

Walmart has owned Asda since 1999 and are selling off a majority stake in the supermarket chain.

According to Sky New the deal with the billionaire Issa brother and TDR Capital could be paying as much as £6.5bn.

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