Promised £450mn of extra equity comes from a warehouse sale and leaseback that was part of the original Asda buyout
Asda’s owners recycle proceeds of earlier deal to fund EG takeover
Recent Posts
- Trump says he will ‘most likely’ give TikTok extension to avoid ban
- Lofty expectations pose tough earnings test for Wall Street
- UK considers higher cap on foreign state ownership of British media
- Young people are hanging out less — it may be harming their mental health
- Commerzbank explores thousands of job cuts in answer to Andrea Orcel