DOZENS of East Lancashire supermarket workers are set for a slice of share windfalls worth £6.6 million this week following its takeover by US retail giant Wal-Mart.

Around 3,000 employees on Asda's Sharesave share option scheme will receive payouts from £800 to £23,000 each.

They were offered the chance to buy shares 20 per cent cheaper than their normal price in 1996.

The scheme has now matured with shares worth more than double their 93p starting level thanks to the Wal-Mart deal.

Asda savers will gain a tax free bonus and be able to buy Wal-Mart stock at a knockdown price of just over £12 a share.

Recent rises have seen the US giant's shares change hands at more than £30 each.

Converted for the new archive on 14 July 2000. Some images and formatting may have been lost in the conversion.