Billionaire petrol industry entrepreneurs eye Asda
Asda is reportedly surrounded by petrol station tycoons and private equity houses after US owner Walmart confirmed it was in talks to sell its share last week. Walmart is thought to be in early-stage talks with a few private equity funds. Potential bidders include entrepreneurs Zuber and Mohsin Issa, the billionaire founders of EG Group, plus US buy-out specialist Lone Star Funds.
Related news
AI could have USD 1.6 thousand billion impact in North America by 2030
Retailers could benefit from the use of AI to varying…
Read more >
Asda is preparing for a major revamp
Allan Leighton, the new chair of Asda, plans to turn…
Read more >
More related news >
Related news
They want it to be premium, but also sustainable – expectations of the youngest generation
GlobalData’s latest report, “Demographics in Retail and Apparel” – which…
Read more >
Zsolt Liptai became the winemaker of the year
The Hungarian Wine Academy (MBA) has awarded Zsolt Liptai, the…
Read more >
Tips for avoiding credit card fraud during the holiday season
The Christmas season is all about the joy of shopping,…
Read more >
