Cable Forum - View Single Post - Asda planning sale-and-leaseback to raise cash

thenry · 23-11-2025, 16:13

Admin edit (Chris): split from a very old thread about an attempted merger in 2018

So this merger was blocked and Asda are in trouble looking to sell off sites to only lease back. Is it better Asda goes bust? Was that mentioned in the block

https://www.gov.uk/government/news/c...burys-and-asda

https://news.sky.com/story/asda-to-s...-pile-13473168

Asdas conveniently in town here. Morrisons opened a brand new store in town in a brand new building which has now closed down including the empty building. What a waste. A smaller Sainsbury's closed in town. M&S shutdown in town. But we do have a new Tesco express in town though lol

23-11-2025, 16:13	#1
thenry XIV Join Date: Dec 2009 Location: Crawley Age: 35 Services: Three Unlimited Posts: 15,852	Asda planning sale-and-leaseback to raise cash Admin edit (Chris): split from a very old thread about an attempted merger in 2018 So this merger was blocked and Asda are in trouble looking to sell off sites to only lease back. Is it better Asda goes bust? Was that mentioned in the block https://www.gov.uk/government/news/c...burys-and-asda https://news.sky.com/story/asda-to-s...-pile-13473168 Asdas conveniently in town here. Morrisons opened a brand new store in town in a brand new building which has now closed down including the empty building. What a waste. A smaller Sainsbury's closed in town. M&S shutdown in town. But we do have a new Tesco express in town though lol Last edited by thenry; 23-11-2025 at 16:48. Reason: Spelling mistake