Former M&S boss appointed chairman of Asda

Stuart Rose will become chair at Asda (Lauren Hurley/PA)

Stuart Rose will become chair at Asda (Lauren Hurley/PA)

Asda has appointed former Marks & Spencer boss Stuart Rose as its new chairman.

The supermarket group, which was bought by the billionaire Issa brothers and private equity backers TDR Capital for £6.8 billion last year, has confirmed that Stuart Rose take up the role next month.

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