TSCO Tesco Plc

Walmart Inc. said it will sell Asda Group Ltd. to J Sainsbury PLC in a deal valuing Asda at about 7.3 billion pounds ($10.1 billion). "Walmart to Sell British Unit Asda to U.K. Rival Sainsbury -- Update," at 0717 GMT, mistakenly had the currency of the deal's value in U.S. dollars in the first paragraph. The value is GBP7.3 billion pounds, not $7.3 billion.

(END) Dow Jones Newswires

April 30, 2018 04:32 ET (08:32 GMT)

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