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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 ...
Zuber Issa has lined up financing to pursue a deal for Petrogas Group, the UK arm of Irish forecourt giant Applegreen. It would mark Mr Issa’s first takeover since his decision to carve up EG ...
Zuber Issa has sold his 22.5% stake in Asda to TDR Capital and the private equity firm now holds 67.5% in the supermarket group, his brother Mohsin still owns 22.5%.
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.
Asda Group Ltd. is planning a bond and loan issuance to help refinance the debt pile that supported its acquisition by gas-station entrepreneurs Mohsin and Zuber Issa, according to people familiar ...
After spending the first 20 years of the century aggregating c-store chains, reports indicate that the Issa brothers of EG Group are targeting a New York-based initial public offering for U.S ...
British supermarket group Asda's fuel pricing strategy has not changed since Mohsin and Zuber Issa took over the supermarket group in 2021, Mohsin Issa told lawmakers on Wednesday.
Blackburn-based billionaire Zuber Issa has invested in a local firm in a bid to revitalise the brand and help to grow it around the world. Zuber Issa CBE has invested an undisclosed sum into ...