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How Walmart’s $10 billion Asda sale reflects its global strategy

(Bloomberg) Walmart Inc.’s plan to shed control of its U.K. grocery chain, Asda, reflects a global strategy to emphasize faster-growing markets over some of its more mature ones. The world’s largest retailer said Monday that Asda will combine with British retailer J Sainsbury Plc, mixing the U.K.’s second-biggest supermarket chain with No. 3 Asda in a […]

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