Latest fashion industry deals

Date: Announced 30 April 2018 (closing expected to take place in the second half of 2019)
Buyer: Sainsbury’s
Target: Asda Group Limited
Business: Grocery, general merchandise and clothing retail group
Value: £7.3 billion
Details: Sainsbury’s and Walmart Inc., the parent company of Asda Group Limited, have announced an agreement to merge (subject to competition authority approvals), with Sainsbury’s set to acquire a majority stake in Asda, in a deal which is predicted to change the landscape of the UK’s value: clothing retailers.




Portfolio Close
Portfolio list
Title CV Email

Remove All