LONDON — Eighteen months after Britain’s competition authority nixed the proposed merger of supermarket giants Asda and Sainsbury’s, Walmart has found new owners for Asda. The deal is valued at 6.8 ...

LONDON (AP) -- Sainsbury's agrees to buy Walmart Inc.'s British unit Asda for 7.3 billion pounds ($10.1 billion) in cash and stock.

Walmart has agreed to sell UK grocery chain Asda to the Issa brothers and private equity firm, TDR Capital, for an enterprise value of £6.8 billion. The consortium was rumoured as the preferred bidder ...

After 20 years in the U.K. grocery business, Walmart Inc. (NYSE: WMT) has decided to pull out. The U.S. mega-retailer announced Friday that it had sold the Asda grocery chain to a consortium of the ...

Sainsbury's, the U.K.'s second-biggest grocery chain, said Saturday it is in advanced discussions about a merger with Walmart Inc.'s British unit, Asda, as retailers adjust to swiftly changing ...

LONDON—Walmart Inc.WMT0.40%increase; green up pointing triangle on Monday said it would sell its British arm Asda Group Ltd. to rival J Sainsbury PLC, SBRY 0.40%increase; green up pointing triangle a ...

Two of Britain’s grocers are in talks to merge, potentially creating the country’s biggest supermarket operator amid continued upheaval in the retail industry. In a statement Saturday, the chain J ...

Walmart is selling its British unit, Asda, to local rival Sainsbury's for $10.1 billion, a deal that lets the world's largest retailer focus on online sales in countries where it has stronger growth ...

LONDON — David Wild, who was said to be heading up the development of Wal-Mart’s small-format Marketside concept, is leaving to join British retailer Halfords Group as chief executive officer, ...

Retail giant Walmart WMT confirmed it's considering an IPO for British supermarket Asda after its recent merger with Sainsbury's was rejected by UK regulators, according to CNBC. The Leeds-based ...

Hurricane Dorian causes catastrophic damage to the Bahamas. Britain's prime minister calls for a snap election after conservatives suffer a key parliamentary defeat. Walmart curbs ammunition sales.