Now that it’s returned to British ownership, what’s next for Asda?

Asda has officially become a British-owned retailer again – the first time in 21 years.
Last Friday, US retail behemoth Walmart agreed terms for a £6.8 billion sale of a majority stake in the Big 4 grocer to the billionaire Issa brothers, along with partners at private equity firm TDR Capital. Walmart had accepted a bid from a consortium led by Mohsin and Zuber Issa – the Lancashire-based owners of petrol forecourt firm EG Group – following a lengthy auction process.
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