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- A consortium of Zuber and Mohsin Issa and private equity firm TDR Capital will take a majority stake in Asda. It means the grocer will return to majority UK ownership for the first time in two decades. The Issa brothers own EG Group, which has more than 5,200 petrol stations across the UK and Europe.
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Oct 2, 2020 · Zuber and Mohsin Issa's EG Group, which owns Britain's third largest supermarket, Asda, agreed to buy the Co-op's 129-strong petrol forecourt business. The latest acquisition,...
Oct 2, 2020 · The Issa brothers own EG Group, which has more than 5,200 petrol stations across the UK and Europe. A spokesperson for the Issa brothers and TDR Capital declined to comment on how they are...
May 30, 2023 · Asda, owned by the Issa brothers, investment funds managed by TDR Capital LLP and Walmart (the “Shareholders”), is acquiring the EG UK and Ireland business consisting of c. 350 petrol filling station (“PFS”) sites and over 1,000 food-to-go locations – through an affiliate of its parent company, Bellis Acquisition Company 3 Limited, a ...
Aug 31, 2022 · Getty Images. The brothers bought Asda in 2020. EG Group employs more than 53,000 people, almost 20,000 of them in the UK. In March, the firm said it planned to create nearly 23,000 more jobs...
Mar 1, 2024 · Mohsin Issa, one half of the so-called "billionaire brothers" who own Asda, says he plans to hand over the running of the UK's third biggest supermarket. In his first broadcast interview, the...
Oct 2, 2020 · The Issa brothers own EG Group, which has more than 5,200 petrol stations across the UK and Europe. A spokesperson for the Issa brothers and TDR Capital declined to comment on how they are...
May 25, 2023 · The owners of Asda and petrol stations giant EG Group were on Thursday applying the finishing touches to a £10bn merger of their operations in Britain. Sky News has learnt that the billionaire Issa brothers - Mohsin and Zuber, who launched EG Group - and TDR Capital are aiming to announce the tie-up on Friday.
