Refer Wall Street Journal about Walmart selling a portion of Asda. Please read the story and comment on the strategic implications.

Walwart is a huge company. It is also an international company. Asda's location is one consideration.

Also of note would be how much money Walmart expects to make. How was Asda performing financially? Is the sale price a profit? If not, what are the strategic implications?

Walmart and Amazon are online competitors. What are the implications of the sale in this regard?

Who did Walmart sell Asda to? How might that be a strategic factor?