Walmart picks EG Group founders, TDR Capital as preferred Asda bidders: Sky News - Reuters

4:25am PDT - September 28th, 2020    private equity - Reuters

Walmart Inc has picked the founders of UK petrol station operator EG Group and private equity firm TDR Capital as preferred bidders for Asda, valuing the British supermarket chain at more than 6.5 billion pounds ($8.39 billion), Sky News reported on Monday.