ASDA’s finance chief, Michael Gleeson, has rejected talks about selling the supermarket, despite changes in ownership, The Times reported.

Asda Group Ltd. is planning a bond and loan issuance to help refinance the debt pile that supported its acquisition by gas-station entrepreneurs Mohsin and Zuber Issa, according to people familiar ...

Asda chief financial officer Michael Gleeson has dismissed reports that its owners are looking to sell the supermarket giant.

Asda has suffered a slump in grocery sales, making it the only one of the traditional “Big Four” supermarkets in Britain to lose market share over the last three months.

Profits at the UK's third-biggest supermarket chain grew 24% in 2023, topping more than £1bn in a year where households struggled with the cost of living.

The private jets of Asda's billionaire owners, the Issa brothers, flew between London and the Caribbean more than 50 times over a two-and-a-half-year period, City A.M. can reveal.

THE billionaire boss of Asda has dismissed claims of a family feud as his brother looks to cash out of the firm. Mohsin Issa bought the supermarket with sibling Zuber and TDR Capital in a ...

Asda’s free cash flow increased by 31%, enabling the repayment of a £200 million loan facility and reducing leverage. Adjusted earnings rose by 24%, reaching £1.078 billion. Amid leadership and ...

Earnings for UK supermarket giant Asda rose by a quarter last year on the back of repeat customers using store loyalty schemes.

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