High Street

Asda owners in talks to sell £13bn EG Group

Couche-Tard and EG Group have traded proposals in recent weeks that would value EG at roughly $16bn (£12.7bn) or more including debt, sources have said

Asda owners the Issa brothers are reportedly in talks to merge their EG petrol forecourt business with Canadian convenience store giant Couche-Tard, according to the Wall Street Journal.

Check out our free weekly podcast

Back to top button