Walmart reaches deal to sell Asda

LONDON — Walmart said Friday that it has reached a deal to sell Asda, the British retailer it acquired in 1999, for an enterprise value of £6.8 billion (about $8.8 billion). The purchasers are the Issa brothers, founders and co-CEOs of the EG Group, a global convenience store retailer based in Blackburn, U.K., and investment