Asda
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Feb- 2021 -3 FebruarySupermarkets
EG Group to acquire Asda’s forecourt business in ยฃ750m deal
The EG Group, part of the consortium that is set to acquire โBig Fourโ Grocer Asda in a ยฃ6.8bn deal,…
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Dec- 2020 -9 DecemberSupermarkets
CMA launches inquiry into Issa Brosโ Asda takeover
The CMA has announced the launch of a phase 1 inquiry into the Issa Brothersโ ยฃ6.8bn takeover of Asda.ย It…
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Nov- 2020 -18 NovemberCoronavirus
Asda gears up for ‘record Christmas’ as Q3 sales rise 2.7%
Asda has revealed it is gearing up for a โrecord Christmasโ after it revealed its like-for-like sales increased by 2.7%…
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13 NovemberSupermarkets
New Asda owners sell stake in EG holding company
The Issa brothers, the new billionaire owners of supermarket giant Asda, have reportedly generated hundreds of millions of pounds by…
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Oct- 2020 -20 OctoberSupermarkets
Asda opens new sustainability store
Asda has opened a new sustainability trial store and unveiled a new plastics reduction strategy that pledges that customers will…
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11 OctoberSupermarkets
New Asda owners considering ยฃ3bn George sale
The Issa brothers, the new owners of โBig Fourโ grocer Asda, are reportedly considering a ยฃ3bn sale of its clothing…
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2 OctoberSupermarkets
Asda sold at ยฃ6.8bn to billionaire Issa brothers
Walmart has confirmed the Issa brothers and TDR Capital have taken equal shareholdings in an acquisition of Asda which values…
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Sep- 2020 -23 SeptemberSupermarkets
Lone Star drops out of Asda race
US private equity firm Lone Star has reportedly dropped out of the ยฃ6.5bn race to acquire Asda from Walmart. According…
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7 SeptemberSupermarkets
Asda future could be decided this week as takeover deadline looms
The future of โBig Fourโ grocer Asda could be decided as early as this week, as rival private equity firms…
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Aug- 2020 -21 AugustHigh Street
Ex-Asda and Debenhams chiefs in rival ยฃ6.5bn bids for Asda
Retail bosses Paul Mason and Rob Templeman are reportedly set to launch rival ยฃ6.5bn bids for supermarket giant Asda. According…
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