Evidence receipt / belief
Published · transcript-backedDavid Rosenthal: belief
19 Jul 2022 Acquired Walmart
“Then they ended up selling it off to private equity, I think, for about $6 billion just a couple of years ago.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 19 Jul 2022
- Publisher
- Acquired
- Episode
- Walmart
Transcript context
…They pulled out of Germany, right? They pulled out of Germany. In the UK, they bought the big retailer chain Asda for about $10 billion. I think that was in the late '90s, I believe. They operated that and they were a decent size player, but never as big as Tesco and some of the other retailers in the UK. They actually ended up trying to sell it a couple of years ago to Sainsbury's for $10 billion. The UK government blocked that deal. Then they ended up selling it off to private equity, I think, for about $6 billion just a couple of years ago. Neutral at best. We'll see how Flipkart plays out for them. They own 75% of that.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.