×
93 051
Fashion Jobs
PUMA
Manager, Basketball Marketing
Permanent · Somerville
BANANA REPUBLIC
General Manager - Destiny Mall
Permanent · Syracuse
BANANA REPUBLIC
General Manager - Seattle Premium
Permanent · Tulalip Bay
NORDSTROM
Retail Stock & Fulfillment - Northshore
Permanent · Peabody
NORDSTROM
Asset Protection Agent - Boca Raton Towne Center
Permanent · Boca Raton
NORDSTROM
Asset Protection - Agent - Metro Pointe at South Coast Rack
Permanent · Costa Mesa
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Tacoma
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Jeffersonville
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Butler
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Herndon
KOHLS
Full-Time Sales Supervisor - Hardlines
Permanent · Ames
TAPESTRY
Manager, Supply Operations
Permanent · New York
TAPESTRY
Manager, Ecommerce Content & Strategy
Permanent · New York
GAP
General Manager - mt. Pleasant t/c
Permanent · Mount Pleasant
NEW BALANCE
Senior Financial Analyst
Permanent · Boston
JCREW
District Manager
Permanent · Sugar Land
SACK OFF 5TH
Asset Protection Investigator
Permanent · CHARLOTTE
SACK OFF 5TH
Asset Protection Guard
Permanent · ATLANTA
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time - Soho
Permanent · NEW YORK
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Short Hills
Permanent · Millburn
ATHLETA
Assistant General Manager - Park Meadows
Permanent · Lone Tree
ATHLETA
Assistant General Manager - Washington Square
Permanent · Portland
By
Reuters API
Published
Feb 24, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

KKR mulling bid for Asda after merger with Sainsbury falters: reports

By
Reuters API
Published
Feb 24, 2019

American private equity giant KKR is plotting a bid for Walmart's Asda as talks for its merger with British rival Sainsbury falter on competition concerns, The Sunday Times reported.

Reuters


KKR is thought to be working with former Asda boss Tony De Nunzio, now a senior adviser to the buyout firm, the report said.

The newspaper, which did not cite its sources, said Asda would have a lower valuation than the 7.3 billion pounds in the Sainsbury's deal because there would not be the same economies of scale.

The report cited a source close to Walmart which said it was not in a rush to find a new buyer for Asda.

A spokesperson for Asda could not immediately be reached for comment.
Britain's Competition and Markets Authority (CMA) published the preliminary findings of its probe into the deal on Wednesday, concluding that there could be a significant lessening of competition if the deal went ahead.

© Thomson Reuters 2022 All rights reserved.