Walmart restarts talks on selling Asda

US owner looking to sell stakes in supermarket 15 months after collapse of Sainsbury’s mergerThe US retail group Walmart has restarted talks on the sale of Asda 15 months after the collapse of a planned merger with Sainsbury’s.Walmart said it was in conversation with “a small number of third-party investors” who were interested in acquiring a stake in Britain’s third-largest supermarkets chain. Continue reading...