Asda and News International have brokered a new deal regarding The Sunday Times that resulted in the weekly newspaper returning to the supermarket's shelves, ending a week's stand-off. Last week, Asda decided not to stock the Sunday Times after its parent comp
Source: www.mediaweek.co.uk
Asda parent makes move into Africa - yorkshirepost
ASDA chairman Andy Bond has brokered a £2.7bn deal to take Asda's parent company US retail giant Wal-Mart into Africa for the first time. Wal-Mart is in exclusive talks to buy Johannesburg-based Massmart, South Africa's third biggest quoted retailer, which al
Source: www.yorkshirepost.co.uk
OFT tells Asda to sell 47 Netto stores - Financial Times
The Office of Fair Trading is demanding that Asda sell 47 Netto stores to appease competition concerns, a higher level of disposals than the UK arm of Walmart had expected when it struck the £778m deal to buy the discount food retailer. The OFT said the dispo
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UPDATE 1-Asda to sell 47 Netto stores to appease watchdog - Reuters
LONDON, Sept 23 (Reuters) - Asda, the British arm of U.S. retailer Wal-Mart ( WMT.N ), needs to find a buyer for almost a quarter of the stores it wants to acquire from discounter Netto in order to win over competition regulators. Britain's consumer affairs wa
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