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Wednesday, 29 September 2010

OFT tells Asda to sell 47 Netto stores - Financial Times (Fairlie SUPERMARKETS)

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
Source: www.bing.com

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.bing.com

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