Asda confirms £10bn petrol station merger; shop price growth hits record high – business live

Asda confirms £10bn petrol station merger; shop price growth hits record high – business live - short news


Asda will buy 350 petrol stations and over 1,000 food-to-go locations from EG Group, creating a £10bn entity; BRC data shows shop prices rose 9% in May

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Asda has kicked off what would have otherwise been a quiet morning, with confirmation that it will buy most of EG Group’s UK and Ireland business for £2.3bn.

While there is reason to believe that food inflation..


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source: The Guardian - 30.05.2023

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