Issa brothers and TDR Capital complete $9.5 bln Asda purchase
Britain’s Issa brothers and private equity firm TDR Capital said on Tuesday they had completed the acquisition of supermarket group Asda from Walmart for an enterprise value of 6.8 billion pounds ($9.5 billion). The brothers and TDR have bought a majority ownership stake in Asda, while Walmart will retain an equity investment in the business, […]
