Asda’s market share is currently at a record low - Colin Underhill/Alamy Asda has sold off dozens of supermarkets as its private equity owners race to reduce a £3.8bn debt pile. The struggling retailer, majority owned by TDR Capital, said on Thursday it has struck a £568m deal with two buyers to offload 24 supermarkets and one depot, in the latest move to raise funds from its estate. Under the agreement, Asda is selling 20 stores and a depot in Leicestershire to Blue Owl, the Wall Street private credit ...