Co-founder of petrol station giant wants board to pursue American sale rather than float the entire business in New York ...

Mohsin (left) and Zuber (right) Issa purchased Asda in 2021. A year later, they agreed to buy the Co-op group's petrol stations for £600million© Provided by Daily Mail Retail veteran Lord Stuart ...

The supermarket chain is in advanced talks with the New York-listed investor to sell and lease back roughly 20 supermarkets ...

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 is reportedly in talks about a £400m deal to offload some of its supermarket real estate assets to New York asset ...

The decision comes after TDR acquired the 22.5% Asda stake held by Zuber Issa, Mohsin’s brother, in June. The move — first reported by Bloomberg News — gave the private equity firm majority ...

EG On the Move has opened a new roadside service station and convenience store in Stowmarket in partnership with Co-op, ...

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 ...

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%.

A new roadside service station and convenience store launches in Stowmarket, aligning a state-of the-art EG on the Move ...