Asda’s Issa brothers launch £8.6bn property review as it seeks to cut debt

Asda Edmonton Green

Source: Shutterstock

Asda owners the Issa brothers have launched a review of its £8.6bn property estate as they seek to bring down debt levels.

Owners Mohsin and Zuber Issa, who control Asda with backing from TDR Capital, are pondering the sale and leaseback of Asda supermarkets.

 

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