Asda circled by raft of potential buyers

Asda has attracted buyer interest

Petrol station tycoons and private equity houses are understood to be among those interested in taking a majority stake in Walmart-owned Asda.

Potential bidders include entrepreneurs Zuber and Mohsin Issa, the billionaire founders of forecourt giant EG Group, The Sunday Telegraph reported.

Also in the running is US buy-out specialist Lone Star Funds, which is interested in Asda’s property, according to The Sunday Times.

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