TDR Capital

Asda Says Chairman Rose To Lead Business As Issa Steps Back

Asda said its chairman Stuart Rose will take executive responsibilities of co-owner Mohsin Issa as he steps back from his leadership role.

Asda Returns To Profit In 2023 Despite Competition From Rivals

UK supermarket group Asda said on Friday it returned to a pretax profit in 2023 even though it lost market share to rivals in that period.

Asda Reports Slow Sales In First Quarter

Asda has reported that its underlying sales rose 1.4% in the first quarter, marking a slowdown from a growth of 2.2% in the previous quarter.

Asda UK Refinances Over £3.2b Of Debt

The UK’s third largest supermarket group Asda has refinanced over £3.2 billion of debt, pushing most of its maturities into the next decade.

Asda Reports A 24% Increase In Underlying Profit 2024

Asda reported a 24% rise in annual earnings that reflect a 7.1% rise in total sales from 2023, and added that it had cut its debt.

UK Regulator Clears Asda And Rival Co-Op's Fuel Deal

Britain's competition regulator said on Tuesday it had cleared supermarket group Asda's £611 million acquisition of Co-operative Group's Arthur Foods...

Britain's Asda To Hire 15,000 Christmas Workers

Asda said on Tuesday it plans to recruit 15,000 temporary workers for the Christmas trading period, joining a battle for staff in a tight labour marke...

Asda's £750m Deal To Sell Petrol Forecourts To EG Group Terminated

Asda, the British supermarket chain, and EG Group have terminated a deal that would have seen EG buy Asda's petrol forecourts for £750 million ($1.03...

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UK Regulator Starts Probe Of Asda Sale To Issa Brothers And TDR

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