Supermarket Giants Mull Bid for Frozen Food Retailer Iceland
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Summary
SUPERMARKET Asda is preparing to do battle with rival Morrisons in the pound(s)1.5 billion auction of frozen food retailer Iceland, according to a weekend report.
Britain's second-largest supermarket chain is said to have appointed City advisers Lazard to help it assemble a bid for the business, which has 750 UK stores and is being sold by the creditors to failed Icelandic bank Landsbanki.See the full content of this document
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Supermarket Giants Mull Bid for Frozen Food Retailer Iceland
Asda's American owner, Walmart, is keen to grow inte...
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