US retail giant Walmart is expected to complete a £6.5billion sale of Asda on Friday. The 'big four' grocer' will be sold to a consortium comprising private equity firm TDR Capital and petrol station tycoons Mohsin and Zuber Issa. The sale of a controlling stake in the supermarket will see it return to British ownership for the first time since 1999. Walmart, which has been in talks to sell Asda for several years, is expected to seal the deal on Friday, according to Sky News. However, an Asda spokesman declined to comment on any speculation. It comes two months after the company revived talks with potential investors, after putting Asda's sale on hold due to the coronavirus pandemic. If successful, it would put a £6.5billion price tag on Asda just over a year after the UK's competition and markets authority (CMA) blocked a takeover deal with Sainsbury's over fears it would lead to higher food and fuel prices for consumers in the UK. A Walmart spokesman said it was the … [Read more...] about Asda set to be sold in £6.5billion sale today as Walmart hands grocer back to the UK
Sitting on a chair, on his own, Charles Burns looks exhausted. He has a big, woolly hat on, emblazoned with the word DALLAS, and he's wrapped up for the cold. But his shoulders are hunched and his eyes are glazed. Smiling takes effort. He is taking refuge at a so-called warming shelter in the town of Grapevine in Texas. In reality, it's a leisure centre kitted out with camp beds, Red Cross blankets, food, drink, and volunteers. It's safe, warm and welcoming. And it's where Charles came to seek refuge. The day before, with temperatures plunging , his electricity supply had turned off and his heating stopped warming. The windows in his apartment are poorly insulated and the heat leaked out. It was, he estimates, not far off freezing point in his apartment. "I think I did the right thing, coming here to the shelter, because otherwise…" His voice trails off. Advertisement "Do you worry you would have died at home?" I asked. And Charles nods, … [Read more...] about ‘Unplanned camaraderie’ as Texans seek refuge from winter freeze
Amazon's profit in the first three months of 2021 came in at $8.1bn (£5.8bn) - more than triple what it was in the same period last year. The online marketplace is among the businesses that have thrived during the various government lockdowns aimed at limiting the spread of the coronavirus. As many millions of people were forced to stay in their homes, Amazon was relied on for the delivery of supplies. Since the pandemic began, the business has posted four consecutive record quarterly profits, attracted more than 200 million Prime loyalty subscribers, and recruited more than 500,000 employees to keep up with the demand. Revenue was up 44% to $108.5bn (£77bn), making Amazon one of just four US companies to have reported quarterly revenue above $100bn (the others being Apple, Exxon Mobil and Walmart). Advertisement Sales at Amazon's ad business were up 77% and its cloud-computing business - which helps power the online operations of Netflix, McDonald's and … [Read more...] about Amazon’s profits more than tripled in the first three months of 2021
X-RATED star Danica Dillon debuted in the porn industry in 2009. The Ohio native also appeared in various non-adult roles after getting popular on camera. Who is porn star Danica Dillon? Danica Dillon, whose real name is Ashley Johnston, is a porn star and actress. The 34-year-old is also a featured dancer at men's clubs and often appears as a guest on radio and podcast shows. Dillon has worked for x-rated companies such as Hustler, Naughty America, Twistys, New Sensations, Evil Angel and Immoral Productions. She has also starred in non-pornographic content such as the Cinemax series Femme Fatales, and the Showtime movie Scared Topless. Is Danica Dillon working at Walmart? According to her social media, Dillon works at a Walmart store and often shares selfies wearing her uniform. Alongside her job at Walmart, she has an OnlyFans account which she last posted in December 2019. Dillon is also a mother to four children and is married to a US Navy sailor … [Read more...] about Who is porn star Danica Dillon?
The new owners of Asda have offered to sell a number of petrol stations they already controlled in a bid to ease competition fears that could lead to the £6.8bn deal being blocked. The Competition and Markets Authority (CMA) declared last month it was concerned that the takeover would weaken competition in relation to the supply of road fuel in 36 areas of the UK - with motorists possibly facing the prospect of higher prices . That is because billionaire brothers Mohsin and Zuber Issa and private equity firm TDR Capital, who completed the takeover of Asda from Walmart earlier this year, also own EG Group. EG operates 395 petrol stations in the UK. Asda owns 323. The CMA has been reviewing the sale by Walmart to the consortium, known as Bellis, since December last year. Advertisement The consortium has already announced plans to sell Asda's fuel empire to EG - a sale that would not lead to a fresh player in the market. The CMA is … [Read more...] about Asda owners offer to sell petrol stations to ease takeover competition concerns