Bloomberg reports that Walmart is planning to go forward with selling Asda:
“Walmart Inc. is proceeding with the planned sale of U.K. supermarket chain Asda after attracting initial bids from three buyout firms, even as tightening credit threatens to hamper debt-fueled dealmaking, people familiar with the matter said.”
P.S. Walmart continues to pursue overseas opportunities and is investing in strong executive leadership for its international division. Are you interested in selling your products in other countries? Our experts can help. Contact us today to schedule an appointment.