Corporate Finance
ASDA – Untangling How to Buy a Company Without Paying for It
Download PDF Introduction The Issa Borthers, along with their private equity partner TDR, made the headlines in early 2021 when, out of relative obscurity, they acquired the UK supermarket chain ASDA from the US giant Walmart [NYSE: WMT] for an enterprise value of £6.8bn. Despite having acquired susbtancial wealth through Read more…