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Asda agrees sale-and-leaseback over 24 stores, distribution centre

By Josh White

Date: Thursday 20 Nov 2025

(Sharecast News) - Asda agreed to sell 24 supermarkets and its Lutterworth distribution depot in a £568m sale-and-leaseback deal, it announced on Thursday, as the debt-burdened retailer seeks to strengthen its balance sheet ahead of third-quarter results due next week.
The grocer said the portfolio was sold to two buyers, with...

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