Asda: How to buy a £6.8bn supermarket for £780m

Asda: How to buy a £6.8bn supermarket for £780m

The Issa brothers have completed the deal to buy Britain’s third-largest supermarket chain. Asda was valued at £6.8bn, but the brothers and the investment firm TDR Capital paid just £780m. The rest was borrowed. So how does this kind of deal work? And will it...
How to Win at Virtual Operational Due Diligence (ODD)

How to Win at Virtual Operational Due Diligence (ODD)

Four alternative investments experts share their best practices for overcoming ODD challenges in the remote-work world. The COVID-19 pandemic has driven investing behind closed doors and moved deal tasks like due diligence online. The way deal teams work has...