Private equity money is likely to lead to demands for more returns – or reduced costs
The group grew overall gross sales by 4% to £32.9m compared with 2018
Walmart has admitted it is in talks with potential buyers for Asda, despite an IPO for the UK supermarket chain remaining an “attractive” option. Plus, on a hectic day of annual results, ReckittBenckiser swings to £3.6bn loss after £5bn baby milk writedown, and annual results from ABInBev, Bakkavor, British American ...
Walmart is in talks with private equity firms about selling a majority stake in Asda, a year after the collapse of its deal to merge the supermarkets chain with Sainsbury’s.
Following the transaction, North South Wines will manage Reh’s UK business in the wholesale, convenience, discount, independent and on-trade channels
Sainsbury’s was the only big four supermarket to cut its prices year on year in January as the overall grocery sector remains in mild inflation, with further inflationary pressures on the horizon.
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