Walmart Considers Asda IPO —

Walmart is considering the possibility of an IPO for Asda:

“The news comes just weeks after U.K. antitrust regulators blocked a planned merger between Asda, Britain’s fourth-largest supermarket, and rival J Sainsbury. ‘While we are not rushing into anything, I want you to know that we are seriously considering a path to an IPO,’ Judith McKenna, the company’s international chief, told employees at an event in Leeds, according to a summary of the event provided by Asda.”

P.S. Regardless of what happens with Asda, Walmart is going strong in the United States. Learn how to optimize your relationship with your Walmart or Sam’s Club buyer from our experts. Get in touch today!

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