Zuber Issa has ended his partnership in Asda with brother Mohsin, selling his stake in a deal that gives private equity firm TDR Capital full control of the supermarket chain. The move brings TDR ...
Zuber Issa has sold his stake in Asda to the supermarket chain’s private equity backer TDR Capital. The sale brings TDR Capital’s share in the supermarket group to 67.5%, while 22.5% is still ...
THE billionaire brothers who part-own Asda have started to break up parts of their shared business empire. Zuber Issa yesterday sold his 22.5 per cent stake in the supermarket for £500million.
One of the billionaire Issa brothers has sold his stake in Asda to TDR Capital. (Photo by Matt Cardy/Getty Images) One half of the billionaire Issa brothers has sold his stake in Asda to the ...
Zuber Issa said he will turn his attention towards managing his EG UK forecourt sites and charitable endeavours Businessman Zuber Issa has sold his stake in Asda to the supermarket chain's private ...
The deal brings the ownership of Asda to 67.5% by TDR Capital, 22.5% by Mohsin Issa, and 10% by Walmart. The transaction is set to complete in Q3 2024. Asda did not disclose the terms of the sale.
Businessman Zuber Issa has sold his stake in Asda to the supermarket chain's private equity backer. The sale brings TDR Capital's share in the supermarket group to 67.5%, while 22.5% is still owned by ...