The Issa Brothers
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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 -16 AugustSupermarkets
Issa brothers eye retail veteran Ian McLeod as Asda chief
Asda owners, the Issa Brothers, are reportedly considering former Halfords boss Ian McLeod as the supermarket chain’s new chief executive. …
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Jun- 2021 -16 JuneSupermarkets
Issa Brothers given green light for £6.8bn Asda takeover
The Competition and Markets Authority (CMA) has accepted the Issa Brothers offer to sell 27 of their 395 EG Group…
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Feb- 2021 -23 FebruarySupermarkets
Asda owners consider George spin-off
Asda’s new owners are reportedly considering spinning off George, the fashion label developed by George Davies, in an attempt to…
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12 FebruarySupermarkets
Issa brothers junk bond sale raises £2.75bn
The Issa brothers, Asda’s billionaire buyers, have raised a record-breaking £2.75bn through a sterling junk bond, as investors continue to…
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Dec- 2020 -9 DecemberSupermarkets
CMA launches inquiry into Issa Bros’ Asda takeover
The CMA has announced the launch of a phase 1 inquiry into the Issa Brothers’ £6.8bn takeover of Asda. It…
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