Issa brothers complete £6.8bn acquisition of majority Asda stake

Issa brothers

The Issa brothers and investment vehicle TDR Capital have confirmed the brothers’ acquisition of Asda for £6.8bn.

In a joint statement released this afternoon, the four major parties involved said that the co-founders and chief executives of forecourt giant EG Group Zuber and Mohsin Issa had completed their deal for Asda, pending final approval from the Competition and Markets Authority (CMA). 

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.