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
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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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