Practice Areas - Corporate and M&A Law Firms and Lawyers
Deal Date: | 02-10-2020 | Practice Area: | Corporate and M&A |
Deal Title: | Walmart Sale of Asda to TDR Capital Consortium | Industry: | Food & Drug Retailers |
Description: |
Slaughter and May advised Walmart Inc. on the proposed sale of a majority stake in Asda Group Limited, a wholly-owned subsidiary of Walmart, to a consortium comprising the Issa brothers and TDR Capital. The enterprise value of the transaction was GBP6.8 billion, calculated on a debt-free and cash-free basis.
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Financial Center: | London | Value: | 5001.00-10000.00 |
Advised Party: | Vendor | Law Firm | Slaughter and May |
Target Company Jurisdiction | United Kingdom | Acquiror Jurisdiction | United Kingdom |
Classification: |
Financial Buyer Acquisitions Primary Buy-Out |
Lawyer | Sally Wokes |