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1. www.tdrcapital.com › tdr-capital-becomes-majorityTDR Capital becomes majority owner of Asda

   www.tdrcapital.com › tdr-capital-becomes-majority

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   1 day ago · 01 Nov 2024. We are pleased to announce that TDR Capital (“TDR”) has completed the acquisition of Zuber Issa’s shares in Asda and has become the majority shareholder with a 67.5% ownership. Moshin Issa and Walmart Inc remain co-shareholders in the business. Since first investing in ASDA in 2021, TDR has worked alongside the other ...

2. corporate.asda.com › newsroom › 2024/11/01Asda announces the completion of TDR Capital’s purchase of ...

   corporate.asda.com › newsroom › 2024/11/01

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   1 day ago · Following the announcement of the proposed transaction in June 2024, today Asda has confirmed that funds managed by TDR Capital LLP have completed the acquisition of Zuber Issa’s shares in the business. This brings the ownership of Asda to 67.5% by TDR Capital, 22.5% by Mohsin Issa, and 10% by Walmart Inc.

3. corporate.asda.com › newsroom › 2024/07/06TDR Capital to become majority owner of Asda

   corporate.asda.com › newsroom › 2024/07/06

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   Jul 6, 2024 · Funds managed by TDR Capital LLP, a leading UK-based private equity firm, have today announced that they have agreed to acquire Zuber Issa’s shares in Asda. Mohsin Issa remains a co-owner in Asda alongside TDR Capital.

4. www.ft.com › content › 748d864e-41c2-4faf-bd61-7ae49TDR to acquire majority stake in Asda as Issa brothers split ...

   www.ft.com › content › 748d864e-41c2-4faf-bd61-7ae49

   Jun 7, 2024 · Zuber Issa, who owns Asda with his brother Mohsin, has agreed to sell his stake in the British supermarket chain to co-owners TDR Capital in a deal that will make the private equity firm the...

5. www.cityam.com › asda-takeover-completes-as-issaAsda takeover completes as Issa brothers split made official

   www.cityam.com › asda-takeover-completes-as-issa

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   1 day ago · “This brings the ownership of Asda to 67.5 per cent by TDR Capital, 22.5 per cent by Mohsin Issa, and 10 per cent by Walmart Inc. “Following completion of the sale of his stake in Asda, Zuber ...

6. www.thisismoney.co.uk › money › marketsNew era for Asda as TDR Capital becomes majority owner

   www.thisismoney.co.uk › money › markets

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   Jun 8, 2024 · TDR Capital, which helped finance Issa and his brother Moshin's debt-fuelled £6.8billion takeover of Asda in 2021, will become the group's majority owner after buying Zuber's 22.5 per cent...

7. People also ask

   Who is TDR Capital?

   • TDR Capital is a leading European private equity firm with over €15 billion of assets under management. Founded in 2002, TDR typically acquires majority stakes in strong, market-leading European companies with the potential for robust growth and resilience throughout economic cycles. TDR has managed five European mid-market buyout funds.

   TDR Capital to become majority owner of Asda

   corporate.asda.com/newsroom/2024/07/06/tdr-capital-to-become-majority-owner-of-asda

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   Will Zuber Issa buy TDR?

   • Buying Zuber Issa's 22.5% stake will give TDR 67.5%, with 22.5% still owned by his brother Mohsin. Asda said the transaction is set to complete in the third quarter of 2024.

   UK's Asda says TDR Capital to become majority owner

   www.reuters.com/markets/deals/uks-asda-says-tdr-capital-become-majority-owner-2024-06-07/

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   Is 'TDR's increased investment in Asda a sign of commitment?

   • Lord Stuart Rose, the supermarket’s chair, said he welcomed “TDR’s increased investment in Asda”, adding that it was “a clear sign of its commitment to the business”. Asda is searching for a chief executive to run the business.

   TDR to acquire majority stake in Asda as Issa brothers split empire

   www.ft.com/content/748d864e-41c2-4faf-bd61-7ae49c9f1a9b

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   Why did TDR support Asda?

   • Since then, together with the other shareholders, TDR has supported Asda to accelerate its strategy, with a particular focus on delivering low prices to customers and expanding into the fast-growing convenience retail segment.

   TDR Capital to become majority owner of Asda

   corporate.asda.com/newsroom/2024/07/06/tdr-capital-to-become-majority-owner-of-asda

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   Does TDR own Popeyes UK?

   • As well as upping its stake in Asda, TDR also recently bought a majority stake in the UK franchise rights of fast-food chain Popeyes UK, as well as pet retailer Jollyes. Copyright The Financial Times Limited 2024. All rights reserved.

   TDR to acquire majority stake in Asda as Issa brothers split empire

   www.ft.com/content/748d864e-41c2-4faf-bd61-7ae49c9f1a9b

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8. www.reuters.com › markets › dealsUK's Asda says TDR Capital to become majority owner

   www.reuters.com › markets › deals

   Jun 7, 2024 · LONDON, June 7 (Reuters) - Britain's Asda said on Friday that private equity firm TDR Capital will gain majority ownership of the supermarket group by acquiring Zuber Issa's share in the...