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Walmart considers an IPO for UK grocer Asda

(Bloomberg)—Walmart Inc., No. 3 in the Internet Retailer 2019 Top 1000, is mulling an initial public offering for its Asda unit, a listing that that could value the U.K. grocer at as much as an estimated 8.5 billion pounds ($11 billion). News of a possible float of Britain’s fourth-largest supermarket comes only weeks after U.K. […]

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