The supermarket giant had £3.8 billion in net debt at the end of 2024
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The supermarket giant had £3.8 billion in net debt at the end of 2024
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Grocery giant Asda has agreed to sell 24 supermarket sites and a key depot in a deal worth £568 million.
Supermarket struggles with rising interest rates, IT overhaul and ‘challenging trading’
Proceeds from supermarket, warehouse and petrol station sales have been used to cut debt accrued in leveraged buyouts
The UK supermarket previously indicated it was exploring a deal to ‘accelerate Argos’ transformation’
The plans are set to be confirmed in next month’s autumn Budget statement
The chains have been accused of sending edible food to landfill
The most expensive store was bottom of the list every month last year
