EG Group
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Nov- 2023 -30 NovemberNews
EG Group EBITDA falls to $345m in Q3 following Asda acquisition
EG Group, the global food services and petrol forecourts operator, has revealed that its EBITDA dipped 18% to $345m (£272m)…
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Jun- 2023 -9 JuneSupermarkets
EG Group to amend and extend loan following Asda deal
Retail and petrol forecourt company, EG Group, has announced that it will seek to amend and extend its banking loans…
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Apr- 2023 -27 AprilSupermarkets
Asda and EG merger threatens food supply and jobs, says GMB
The merger between Asda and petrol forecourt business EG Group will threaten the UK’s food supply, fuel prices and 100,000…
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Mar- 2023 -10 MarchProperty
EG Group revenues jump 25% to $33bn
Asda owners the Issa brothers’ EG Group has revealed its full-year revenues surged 25% to $33.04bn (£22.5bn), which it said…
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Sep- 2022 -2 SeptemberSupermarkets
EG Group profits hit by cost-of-living crisis in Q2
The Issa brothers-owned EG Group has seen its profits slump in Q2, as earnings fell by 6.5% to $355m (£307m)…
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Oct- 2021 -19 OctoberSupermarkets
EG Group backs out of £750m Asda forecourt business deal
The owners of EG Group, who bought out Asda in a £6.8bn takeover, have revealed that they will no longer…
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Sep- 2021 -10 SeptemberSupermarkets
Asda owners mull £10.8bn EG Group sale
TDR Capital and the Issa brothers, the new owners of Asda, are reportedly considering their options – including a possible…
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Aug- 2021 -27 AugustSupermarkets
EG Group revenues soar 57.7% in Q2
Blackburn-based retail giant EG Group saw total revenues soar 57.7% year-on-year to $6.51bn (£4.75m) in Q2 FY21. The new Asda…
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Apr- 2021 -19 AprilHigh Street
EG Group acquires Leon in £100m deal
The EG Group, owned by billionaire brothers Mohsin and Zuber Issa, has announced the acquisition of all 70 Leon restaurants…
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Feb- 2021 -3 FebruarySupermarkets
EG Group to acquire Asda’s forecourt business in £750m deal
The EG Group, part of the consortium that is set to acquire ‘Big Four’ Grocer Asda in a £6.8bn deal,…
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