Walmart mulls Asda sale after failed Sainsbury’s mega-merger


Walmart is exploring the possibility of exiting from Asda after the CMA blocked its merger with fellow big four grocer Sainsbury’s.

The American company is mulling a float or sale as private equity firms and other bidders circle, reports the Daily Mail. It is looking to exit the UK market and focus on more profitable emerging markets such as India.

Walmart has reportedly been approached by bargain chain B&M. Asda had been reported to be considering a takeover of B&M in 2017.

A trade buyer could be a more likely outcome for the supermarket as grocery margins have historically proved too low for private equity buyers, who will not see a clear exit strategy, although KKR has been identified as an interested party.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.