Walmart (WMT) Said to Explore Options for Asda Including IPO - Bloomberg

April 25, 2019 6:30 AM

Walmart (NYSE: WMT) is exploring options for Asda including an IPO after plans to combine with J Sainsbury to create U.K.'s largest supermarket chain collapsed, according to Bloomberg, citing people familiar with the matter. Asda may also revisit a sale though interest from private-equity has been lukewarm.

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