Asda successfully refinances over £3.2bn in debt
Asda, the UK retailer, has successfully refinanced over £3.2 billion of its debt, citing “strong demand from investors.” This refinancing included what the retailer referred...
Tag : Asda
Asda introduces new Oddlygood plant-based products
Oddlygood, a Finnish plant-based brand, is making its UK major multiples oat drink debut with a new Asda listing. The move is supported by a...
Asda successfully concludes £2bn purchase of EG Group’s UK business
Buying the EG UK business is key to Asda’s strategic plan to create a value-led convenience offer by rolling out Asda Express across EG UK’s 356...
Asda Embarks on Convenience Strategy with Launch of First 11 Express Stores
Asda has introduced a program to transform 116 convenience stores purchased from the Co-op Group last year into its Asda Express convenience brand. Initially, 11...
Former Asda CEO joins Gander to accelerate cleantech revolution
Andy Clarke, former president and chief executive of Asda, has joined the board of Gander, a company that aims to revolutionize the fight against food...
Co-op’s Petrol Station Business Acquisition by Asda Cleared by CMA
The Competition and Markets Authority (CMA) previously expressed concerns about the acquisition of 132 petrol stations by a major supermarket in October. The fear was...
EG Group sells additional convenience stores to Asda
Asda Group has recently announced its acquisition of EG Group’s UK and Ireland business for an estimated value of £2.27 billion, marking another successful step...
Asda reports slight increase in disposable incomes for the first time since 2021.
Households saw a ray of hope in their finances over the past year. After paying taxes and essential bills, households now have 37p more on...
Asda reports slight increase in disposable incomes for the first time since 2021
According to recent figures, UK households saw a glimmer of economic recovery in April. After paying taxes and essential bills, households had 37p more per...
EG Group UK and Ireland to be acquired by Asda for £2.27bn in upcoming deal.
Asda, which is owned by the Issa brothers, is set to acquire the EG UK and Ireland business consisting of 350 petrol filling station sites...