Lack of transparency and asset stripping are among concerns raised as buyout firms target sector
Does it matter that the directors of Wm Morrison could soon sell Britain’s fourth-largest supermarket chain to a private equity buyer?
Aldi and Lidl are owned privately by two separate, but equally secretive, German billionaires. And Asda has long been owned by the US retailing conglomerate Walmart, which provides only a partial financial picture of its Leeds-based supermarket offshoot.
