Supermarkets
TDR Capital to become majority owner of Asda as Zuber Issa exits
It comes as the private equity firm has agreed to acquire Zuber Issa’s shares in the supermarket
TDR Capital is set to become the majority owner of Asda, announcing that it has agreed to acquire Zuber Issa’s shares in the supermarket. Mohsin Issa will remain a co-owner in Asda alongside TDR Capital, and the ownership of Asda is now 67.5% by TDR Capital, 22.5% by Mohsin Issa, and 10% by Walmart Inc.
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