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). 

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