Grocery giant Asda has agreed to sell 24 supermarket sites and a key depot in a deal worth £568 million. In a move to improve its finances, the debt-laden retailer will utilise a sale-and-leaseback ...

Supermarket chain Asda is selling 24 of its stores and will rent them back as it struggles with its debt mound. There will be no change to the shops, nor its Lutterworth depot, which has also been ...

Asda has announced a major change affecting 24 stores and a depot. It has agreed to offload a substantial number of supermarkets and a distribution depot in a bid to strengthen its financial position.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Asda has raised close to £600mn from two sale-and-leaseback deals as its private equity owner TDR Capital uses ...

LONDON, Nov 20 (Reuters) - British supermarket group Asda has raised 568 million pounds ($742 million) from sale-and-leaseback agreements on 24 stores and a depot, it said on Thursday, providing a ...

Asda has offloaded 24 stores and its Lutterworth depot in sale & leaseback deals, raising £568m. Ten of the stores and the Lutterworth depot have been sold to Blue Owl Capital and another 10 to a ...

If you want to know how Asda lost its way under the Issa brothers take a trip to South Manchester. At one end, opposite the Heineken brewery in the heart of Moss Side, an Asda superstore is in a ...

Asda has raised roughly £600m from two sale-and-leaseback deals as its owner TDR Capital uses the supermarket’s property assets to boost its finances before a debt repayment to former owner Walmart.

Scania has announced three appointments to its executive board as part of its strategic reorganization to enhance performance and address evolving market conditions. The company said it continues to ...

Asda’s turnaround efforts have been dealt a fresh blow after its debt was downgraded deeper into junk status, threatening the struggling supermarket with higher borrowing costs. Leading ratings agency ...