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0 0.00222652468538242 0.00222652468538242 0.00125847047434666 0 9.68054211036313E-05 -0.00242013552758954 -0.0044530493707647
Stock impact report

Walmart to explore options for Asda, including IPO [Business News Network (BNN) Energy & Resources (Canada)]

Walmart Inc. (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Walmart to explore options for Asda, including IPO Walmart Inc. ( WMT.N ) is exploring options for its Asda unit including an initial public offering after plans to combine the business with J Sainsbury Plc to create the U.K.’s largest supermarket chain collapsed, according to people familiar with the matter. In addition to a potential listing, the U.S. retailer may also revisit a sale, though interest from private-equity firms has so far been lukewarm, said the people, who asked not to be identified because discussions are private. Walmart plans to take its time to analyze the most feasible strategy for Asda and could opt to keep the business, one of the people said. A spokeswoman for Asda declined to comment. A representative for Walmart didn’t immediately return a phone call and an email outside regular business hours. Sainsbury and Asda on Thursday dropped their 7.3 billion-pound (US$9.4 billion) combination after antitrust authorities blocked the deal, saying it would lead to hig Show less Read more
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