In April, the competition watchdog launched an investigation into the deal after it was feared that the takeover could lead to higher prices in petrol for consumers.
Now the body has accepted the terms of the pair’s offer to sell 27 of Asda’s petrol sites – which they acquired in a separate £750m deal.
It was revealed in the CMA’s offical terms of undertaking the brothers must now choose a purchaser for the assets, which the authority has to approve.
The CMA said: “The CMA considers that the undertakings given below by the Issa Brothers and TDR are appropriate to remedy, mitigate or prevent the substantial lessening of competition, or any adverse effect which has or may have resulted from the transaction, or may be expected to result from it, as specified in the decision.”
Retail Sector has contacted TDR Capital for a comment.