TDR Capital

Asda Raises £155 Million To Help Pay Down Debt

British supermarket group Asda has raised an additional loan of £155 million (€187.55 million) to help it pay back debt due in the next two year...

Asda Appoints Allan Leighton As Executive Chair

UK retailer Asda has appointed Allan Leighton as its next executive chair, succeeding Stuart Rose, who served as its chair since 2021.

UK Supermarket Asda 'Lost The Plot' But Is Fixable, Says Stuart Rose

Britain's third largest supermarket Asda "lost the plot" but can be fixed, its chairman said as it reported another slide in sales.

TDR Capital To Become Majority Owner Of UK Supermarket Asda

TDR Capital will gain majority ownership of British supermarket group Asda by acquiring Zuber Issa's share in the business, Asda said in a statement.

Asda Refinances Over €3.7bn Of Debt

Asda has refinanced over £3.2 billion (€3.7 billion) of debt, pushing out the majority of its maturities into the next decade.

UK Supermarket Chain Asda Raises Pay For Store Workers By 8.4%

Britain's third-largest supermarket group Asda said it would give more than 120,000 store workers an 8.4% pay rise from 1 July, following a similar move by...

Asda To Price Match Discounters Aldi And Lidl On Hundreds Of Products

Asda said it would price match discounters Aldi and Lidl on hundreds of comparable grocery products, following bigger rivals Tesco and Sainsbury's.

Sandwich Chain Subway Agrees To Sell Itself To Roark Capital

Sandwich chain Subway has agreed to sell itself to private equity firm Roark Capital, the company said, amid its struggles with intensifying competition an...