02-03-2020 09:45 via retailgazette.co.uk

Asda eyed by billionaire petrol brothers

// Petrol station tycoons and private equity houses have shown interest in buying Asda
// The line-up also includes US buy-out specialist Lone Star FundsAsda is reportedly surrounded by petrol station tycoons and private equity houses after US owner Walmart confirmed it was in talks to sell its stake last week.
Bosses at Walmart are thought to be in early stage talks with a handful of private equity funds.
Potential bidders include entrepreneurs Zuber and Mohsin Issa, the billionaire founders of
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