Asda
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Asda rounds out deal with Arch Company for Salford store
A new Asda Express shop will open in 2025 once improvement works have been completed
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Issa brother to sell Asda stake
Zuber Issa’s 22.5% stake is being touted for around £500m
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Macquarie moves in on £500m of Asda assets
The Australian finance house is close to a deal to buy 50 ground rent leases
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Asda assets sale used to fund EG merger
The £450m of “new equity” will come entirely from sales of Adsa properties
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Asda to merge with petrol station giant EG Group in £2.3bn deal
Tie-up will combine two businesses owned by the billionaire Issa brothers
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Asda and EG Group merger ‘deeply irresponsible’, warns union
Combination would create an empire owning 700 forecourts
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Asda appoints agent on convenience store expansion
The retailer is targeting 300 “Express” stores by the end of 2026
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April completion for Asda and EG Group’s £12bn merger
The deal will burden Asda with more debt to create a 581-supermarket, 700-forecourt business
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CMA warns Asda over £600m Co-op forecourt deal
The Competition and Markets Authority will launch second phase investigation into the deal
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Asda prepares sale and leaseback across £8.6bn estate
Advisors have been drafted in to “assess the prospects for the supermarket’s estate”
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Asda plans to open 300 convenience stores
The supermarket wants to knock Sainsburys from the number two spot
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Asda wants 30 convenience stores next year
Two will open before Christmas as the supermarket launches its Asda Express concept