City Of London

Co-Op Offloads Petrol Station Business to Asda: The London Rush

A digital display at an Asda supermarket petrol station in Croydon.

Photographer: Luke MacGregor
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Here’s the key business news from London-listed companies this morning.

Co-operative Group Limited: The Co-op will sellBloomberg Terminal its petrol forecourt business to low-cost supermarket Asda for a cash consideration of £438 million.