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

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

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