Asda closes in on £400m property deal with investment giant Blue Owl
Asda is in talks about a £400m deal to offload some of its supermarket real estate assets to a giant investment house as it looks to plough more funding into its turnaround plans.
KKR, the American investment giant, has become the latest global corporation to sever ties with Global Counsel, the lobbying firm set up by Lord Mandelson, the disgraced former politician.
The private equity firm which owns a controlling stake in Asda is closing in on a £275m deal to buy a division of the listed cybersecurity company NCC Group.
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