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Stock impact report

TDR Capital Nears Deal to Buy Billionaire's Stake in UK's Asda [Yahoo! Finance]

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
Company Research Source: Yahoo! Finance
its grip on one of Britain's biggest supermarket chains, according to people familiar with the discussions. Most Read from Bloomberg Elon Wants His Money Back Dubai Grinds to Standstill as Flooding Hits City Israel Reported to Have Launched Retaliatory Strike on Iran Record Rainfall in Dubai? Blame Climate Change, Not Cloud Seeding Oil Erases Advance After Iranian Media Downplays Israel's Attack The agreement for Issa's 22.5% stake would give TDR majority control and could be announced in coming weeks, the people said, asking not to be named with negotiations in flux. They declined to specify the terms being discussed. TDR's holding in Asda would rise to about two-thirds, while the transaction would further the dismantling of the relationship between brothers Zuber and Mohsin Issa. The brothers teamed up with London-based TDR to buy Asda for £6.8 billion ($8.45 billion) just three years ago from Walmart Inc. Their tenure has been rocky, with critics questioning the new Show less Read more
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