Asda’s £750m deal to sell forecourts business to EG Group terminated

Asda forecourt

The Issa brothers have pulled EG Group’s planned acquisition of Asda’s petrol forecourts business.

EG Group said that the proposed deal, which was first announced in February, has been terminated as a result of commercial information that was previously not able to be disclosed between the two companies due to UK competition law being made available for the first time.

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