The British supermarket chain Asda and the gas station business EG Group may merge
The British supermarket chain Asda and the gas station business EG Group may merge according to plans being examined by the owners of the two companies, The Times of London reported on Saturday, as reported by Reuters.
The merger would create a retail giant worth between 11 billion and 13 billion pounds (approximately $13.6 billion to $16 billion), which would have more than 581 supermarkets, 700 gas stations and 100 convenience stores in Great Britain, VG wrote following the paper.
Related news
Asda to open 25 new convenience stores by year-end
Asda is ramping up its push into the convenience sector,…
Read more >British Grocers Cut Jobs Ahead of Rising Costs
The UK grocery sector is undergoing a shake-up as supermarkets…
Read more >Asda scraps Aldi and Lidl price match
Asda has axed its Aldi and Lidl price match initiative…
Read more >Related news
More chances, less hassle: the recipe of a good promotion
Gábor Tolnai, head of marketing insight division at Kantar Hoffmann…
Read more >NESQUIK STRAWBERRY MILK-MIX: Strawberry flavoured milk mix 350 G
With the Nesquik Strawberry flavoured milk mix, you can make…
Read more >UK Retailers Prioritise AI Over Planned Technology Investments, Study Finds
Over two thirds (67%) of retailers in the UK are…
Read more >