TDR Capital, Asda’s private equity owner, received a £44 million payout despite Asda’s ongoing struggles.Newly filed records show TDR’s partners shared a significant profit pot, marking…
Browsing: debt
Typhoo Tea, under new ownership, aims to recover from financial struggles.Vape firm Supreme acquired Typhoo Tea for £10.2m after its administration.Typhoo faced a sales decline and…
Asda is confronted with refinancing its substantial debt as a significant repayment to Walmart is on the horizon.Fitch Ratings warns that the impending £900m obligation could…
New regulations for Buy Now Pay Later (BNPL) services are imminent, addressing mounting debt issues.City Minister Tulip Siddiq warns of a looming ‘black hole of debt’…
The OECD has issued a stark warning regarding the UK’s financial sustainability, urging significant fiscal reforms.The UK’s economic growth remains sluggish, and debt levels are alarmingly…
Following Asda’s acquisition by TDR Capital and the Issa brothers, the supermarket chain is reportedly not reaching its expected potential, as noted by a former executive.The…
Asda’s billionaire owners, the Issa brothers, are negotiating a property deal worth approximately £500m.Macquarie Asset Management is set to buy ground rent leases for 50 Asda…