Asda: Blackburn brothers edge ahead in race to buy supermarket
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Asda could return to UK ownership for the first time in 20 years after a group containing the billionaire Issa brothers and TDR Capital emerged as frontrunners to buy the supermarket.
It is understood the Blackburn-based brothers and the private equity firm have been named as preferred bidders.
Asda has been owned by US giant Walmart since 1999.
Walmart is…
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