EG Group

Asda rebrands first 11 Co-op sites into Express stores

Asda has launched its programme to convert 116 convenience stores and attached petrol station forecourts acquired from the Co-op Group…

Read More »

Morrisons considers offloading petrol forecourts in £2.5bn deal

Morrisons is considering offloading its 340 fuel retail sites in a £2.5bn acquisition by CD&R-owned Motor Fuel Group (MFG), Sky…

Read More »

EG Group offloads 63 convenience stores in the US  

EG America, a subsidiary of EG Group, has agreed to sell 63 of its US convenience stores to convenience store…

Read More »

From Tesco to tiles: The eight largest mergers and acquisitions of 2023

This year has seen a large number of M&A deals in the retail industry. In fact, the number of UK…

Read More »

Issa Brothers near £650m Asda property sale

Mohsin and Zuber Issa are on the brink of selling a part of Asda’s property portfolio to a US investor…

Read More »

Asda to freeze prices on more than 500 products

Asda has announced that it has frozen the prices of over 500 branded and own-branded products following an investment to…

Read More »

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…

Read More »

Asda chair slams ‘clumsy’ food price cap plan

The chair of Asda and EG Group has criticised the government’s “clumsy” plan to introduce price caps on food staples.…

Read More »

Asda acquires EG Group UK for £2.27bn

Asda has announced that it has acquired the majority of EG Group’s UK and Ireland fuel, foodservice, grocery and merchandise…

Read More »

Asda owners set to announce £10bn merger with EG Group

The owners of Asda are said to be in the final stages of completing a £10bn merger between the supermarket…

Read More »