Asda
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Fitch downgrades Asda after Co-op forecourt deal
Rating downgraded from “stable” to ‘negative’ following £600m deal
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Debt-fuelled Asda takeover results in £371m interest
Asda’s owners say the business is now valued at £9.22bn
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Rose takes Asda chair as Carnwath joins board
The former Landsec duo also serve on EG Group’s board
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Issas plan European expansion for Asda
Asda convenience stores could be opened at some of the Issas’ 3,000-plus European petrol forecourts
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Issas pull out of £750m Asda forecourt deal
The u-turn will shoulder Asda with another £500m of debt
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Asda to expand into 300 Issa forecourts
They are also looking at new stores on high streets and retail parks
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Asda moves to hybrid working for 4,000 head office staff
Supermarket chain said model is ‘right approach for our people and the business’
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EG Group to buy Asda forecourts for £750m
Issa brothers add forecourts to Asda deal
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Asda fails to block Leeds Lidl development
Leeds City Council had argued that, on balance, the development would have a positive effect
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Asda fails to block Leeds Lidl development
Leeds City Council had argued that, on balance, the development would have a positive effect
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CMA blocks Sainsbury’s-Asda merger
Competition and Markets Authority claims Sainsbury’s-Asda merger would lead to higher prices.
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Sainsbury’s and Asda propose 150 store closures in bid for merger
The supermarket giants have offered to sell 125 to 150 stores if it would pave the way for a merger