Mohsin Issa’s EG Group has paid off hundreds of millions of pounds in debt in its latest attempt to shore up its finances. The petrol station empire said it had cleared its immediate debt ...

Asda chief Mohsin Issa has announced an emergency £30m cash injection amid an alarming sales slump at the troubled supermarket chain. The investment package, which will be used to boost staffing ...

Petrol station entrepreneur Mohsin Issa has stepped aside from his executive role at Asda, the struggling British supermarket that he bought alongside his brother and private equity firm TDR ...

Protein shake seller Applied Nutrition has said it is seeking to raise up to £400 million ($523 million) at its planned float on the London Stock Exchange that is set to see Asda-stakeholder ...

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's co-owner was accused by MPs of failing to answer “fairly simple” questions from MPs hearing evidence over the supermarket chain's fuel prices and employment practices. Committee chair ...

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.

Zuber Issa has sold his stake in Asda to the supermarket chain’s private equity backer TDR Capital. The sale brings TDR Capital’s share in the supermarket group to 67.5%, while 22.5% is still owned by ...

So far, 30 of the sites have opened their doors on sites owned by billionaire brothers Mohsin and Zuber Issa, who built their Euro Garages empire from a Bury petrol station and bought Asda in 2020 ...

By James Davey LONDON, July 19 (Reuters) - 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 ...

Zuber Issa later sold his 22.5% stake in Asda to TDR Capital in an agreement that left the private equity firm with a majority 67.5% stake in the supermarket giant, Walmart (WMT) with a 10% stake ...