Walmart Inc. has relaunched the planned sale of a majority stake in its U.K. grocery-store chain Asda Group Ltd. after putting the process on hold in April to focus attention on managing its operations through the pandemic. The U.S.’s largest retailer has invited potential buyers to submit offers for its U.K. business, according to people familiar with the situation. The Asda business was valued around $9 billion in 2018. “Walmart...

Source: Wall Street Journal July 20, 2020 13:26 UTC