Either Rob Templeman or Paul Mason could possibly become chairman in a concluded deal
Two retail veterans are lining up to front rival £6.5bn private equity bids for Asda, the UK’s third largest supermarket.
Rob Templeman, a former chief executive of Debenhams, is understood to be assisting Apollo Global Management, while Paul Mason, a former Asda chief executive who also once led discount fashion group Matalan and the now defunct Somerfield supermarket, is linked to Lone Star Funds.
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