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Asda opens 110 new convenience stores as part of goal to reach 1,000 UK sites
PA Media: Money via Yahoo Finance· 4 months agoSupermarket chain Asda plans to open 110 stores in the UK in February as part of its goal to reach...
Asda issues £2.1 billion dividend as profits plunge 80% in year after Issa brothers takeover
Evening Standard via Yahoo Finance· 8 months agoAsda declared a £2.1 billion dividend the year after being bought by the billionaire Issa brothers,...
Asda boss claims owners 'in it for long-run' amid billionaire Issas' rift
Evening Standard via Yahoo Finance· 2 months agoThe boss of Asda has today insisted that the owners of the supermarket are still ‘in it for the...
Zuber Issa sells 22.5% stake in Asda to private equity group TDR Capital
PA Media: Money via Yahoo Finance· 4 days agoZuber Issa has sold his stake in Asda to the supermarket chain’s private equity backer TDR Capital....
Asda can survive higher debt costs, say Issa brothers’ private equity partners
The Telegraph via Yahoo Finance· 5 months agoAsda’s private equity owner has insisted the chain can handle higher borrowing costs, amid concerns...
Asda introduces four-day working week trial as threatened strike postponed
The Independent via Yahoo News· 5 months agoThe household supermarket name Asda is the latest business to trial a four-day working week. The...
Asda apologises for payroll chaos that left thousands of workers out of pocket
The Telegraph via Yahoo Finance· 2 months agoAsda’s finance chief has apologised for a botched IT upgrade that saw thousands of workers paid the...
UK supermarket Asda refinances over $4 billion of debt
Reuters via Yahoo News· 1 month agoLONDON (Reuters) -British supermarket Asda has refinanced over 3.2 billion pounds ($4.0 billion) of...
Debt-laden Asda’s interest bill to surge above £400m
The Telegraph via Yahoo Finance· 6 months agoMohsin Issa was among the witnesses at an evidence session on Tuesday that examined the use of private equity in the retail sector - Jamie Lorriman...
UK's Asda to buy EG petrol stations unit in $2.9-billion deal
Reuters via Yahoo Finance· 1 year agoBritish supermarket Asda said it would buy the bulk of petrol station operator EG Group's UK and...