Asda owners to sell 27 forecourts to smooth competition concerns

Asda petrol station

Asda’s new owners the Issa brothers have agreed to offload a tranche of EG Group’s petrol forecourts, paving the way for them to formally complete their £6.8bn takeover of the supermarket chain.

The Issa brothers and TDR Capital said the Competition and Markets Authority (CMA) had indicated that their offer to sell 27 of EG Group’s petrol forecourts would pave the way for it to purchase Asda without further investigation. 

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