EG Group backs out of £750m Asda forecourt business deal

The Issa brothers Zuber and Mohsin, had previously agreed to purchase the supermarket chains petrol filling stations, car wash sites and some land in February this year

The owners of EG Group, who bought out Asda in a £6.8bn takeover, have revealed that they will no longer be acquiring the grocer’s forecourt business in a £750m deal.

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