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flag Asda plans to sell about 20 stores for £400 million to reduce its debt and compete with other supermarkets.

flag Asda, the UK's third-largest supermarket, plans to sell about 20 of its stores for £400 million to help reduce its £3.8 billion debt. flag The company will lease these stores back for around 20 years. flag This move is part of Asda's strategy to compete with other supermarkets and follows recent efforts to cut prices on over 10,000 items.

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