According to the UK newspaper The Independent, Walmart is looking for an office in Great Britain to house a continental European acquisitions team.
According to the newspaper, Walmart has hired Cushman & Wakefield to search for office space in West London to house around 35 to 55 people. The team would be independent of Walmart’s UK chain Asda, which is based in Leeds, and the London-based fashion team for its George brand.
In the meantime, a spokesperson for Asda, Walmart's UK subsidiary, described the reports as "speculation dressed up as fact".
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