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A daring high-wire act: Inside the Asda buyout

FT News Briefing

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Navigating Financial Maneuvers: The Asda and EG Group Deal

This chapter explores Asda's £2.3 billion acquisition of EG Group's UK operations, focusing on the financial strategies involved. It examines how Asda's significant debt will impact its operations and the implications for both companies in the low-margin retail sector.

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