Co-op sells petrol stations to Asda in £600m deal
The company says the sale of its forecourts will help it balance its books and expand its chain. …
Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said although Asda was expanding its petrol forecourt numbers, the supermarket would be “more focused on reaping rewards from added grocery sales, rather than fuel revenues”.
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