Debenhams & Asda ex-CEOs lining up £6.5bn private equity bids for Asda

// Ex-Debenhams CEO and ex-Asda CEO are working with private equity groups on a £6.5bn bid for Asda
// Formal takeover bids are expected to be tabled early next monthFormer Debenhams chief executive Rob Templeman and former Asda chief executive Paul Mason are reportedly working with private equity groups on a £6.5 billion bid for Asda.
Templeman previously ran Debenhams as a private and publicly listed business and is on board with Apollo Global Management while Lone Star Funds is wo