Retail veterans lining up £6.5bn rival private equity bids for Asda

Either Rob Templeman or Paul Mason could possibly become chairman in a concluded dealTwo retail veterans are lining up to front rival £6.5bn private equity bids for Asda, the UK’s third largest supermarket.Rob Templeman, a former chief executive of Debenhams, is understood to be assisting Apollo Global Management, while Paul Mason, a former Asda chief executive who also once led discount fashion group Matalan and the now defunct Somerfield supermarket, is linked to Lone Star Funds. C