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- Asda is now under the majority control of private equity giant TDR Capital after billionaire Zuber Issa sold his shares in the supermarket giant. Funds managed by TDR Capital now hold a 67.5 per cent stake in the Leeds-headquartered company while Zuber’s brother Mohsin Issa retains his 22.5 per cent holding.
uk.finance.yahoo.com/news/asda-takeover-completes-issa-brothers-143021116.htmlAsda takeover completes as Issa brothers split made official
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Jun 7, 2024 · We are pleased to announce that TDR Capital has agreed to acquire Zuber Issa’s shares in ASDA and will become the majority shareholder with 67.5% ownership. The transaction is expected to complete in Q3 2024.
- ASDA - TDR Capital
Following the successful partnership at EG Group, TDR...
- ASDA - TDR Capital
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.
Jun 7, 2024 · Following the successful partnership at EG Group, TDR Capital acquired ASDA jointly with the Issa brothers (our co-shareholders in EG Group) in February 2021. The company was acquired from US retailer, Walmart, who remain invested in the business.
1 day ago · Asda is now under the majority control of private equity giant TDR Capital after billionaire Zuber Issa sold his shares in the supermarket giant. Funds managed by TDR Capital now hold a 67.5 per cent stake in the Leeds-headquartered company while Zuber’s brother Mohsin Issa retains his 22.5 per cent holding. A further 10 per
Jun 10, 2024 · TDR Capital first got involved in Asda when it partnered with the Issa brothers in 2021 to buy the chain for £6.8bn. But the firm has been active in the UK since being founded in London in...
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...
Jun 7, 2024 · TDR Capital has agreed to increase its stake in Asda to become majority owner after buying out the shares owned by Zuber Issa. The private equity giant invested in Asda alongside the Issa brothers in June 2021, when together they took majority ownership of the business.
