Boss of Britain's Asda to leave business after Issa's purchase

The chief executive of Asda, Roger Burnley, will leave the British supermarket chain next year, it said on Thursday, a month after the billionaire Issa brothers and private equity group TDR Capital completed their purchase of the group. nMohsin and Zuber Issa bought a majority holding in Asda from U.S. giant Walmart, giving it an enterprise value of 6.8 billion pounds ($9.5 billion). Burnley, 54, re-joined Asda in 2016 and has been CEO since 2018. The group said he would depart after...
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