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1 day ago · The supermarket’s improved cashflow generation led to a further reduction in Asda’s total net leverage as a multiple of adjusted EBITDA after rent to 3.0x at the end of Q124, compared with 3.9x at the close of 2022. • Asda’s net debt at the end of Q124 was £3.8bn, net of more than £1bn cash on the balance sheet – and the business is ...
1 day ago · The billionaire brothers behind Asda have formalised the break-up of their business empire, clearing the way for private equity giant TDR Capital to take majority control of Britain’s third ...
12 hours ago · Britain's Asda said on Friday that private equity firm TDR Capital will gain majority ownership of the supermarket group by acquiring Zuber Issa's share in the business, which is still 10% owned ...
12 hours ago · comments. Asda is set for new ownership after Zuber Issa sold his stake in the supermarket group to private equity backer TDR Capital. TDR Capital, which helped finance Issa and his brother Moshin ...
This is a community for ASDA guests, colleagues, and Walmart employees/guests to talk/meme/shitpost about ASDA, and it's partial owner Walmart. This sub is mostly hands-off except for spam and hateful content.
11 hours ago · The U.S. economy added 272,000 jobs in May, and the unemployment rate ticked slightly higher to 4 percent, according to new Labor Department data released Friday. The May jobs report was far hotter…
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1 day ago · A opening quote mark. A closing quote mark. An icon of an arrow. ... we will supply over 1,000 tonnes of strawberries to Asda stores across the UK, with 5.3 million individual strawberries going ...
