Asda

Asda to donate £2m to help fund apprenticeships

Asda has announced that in celebration of National Apprenticeship Week, it will donate £2m to small businesses to help fund…

Read More »

Issa brothers junk bond sale raises £2.75bn

The Issa brothers, Asda’s billionaire buyers, have raised a record-breaking £2.75bn through a sterling junk bond, as investors continue to…

Read More »

EG Group to acquire Asda’s forecourt business in £750m deal

The EG Group, part of the consortium that is set to acquire ‘Big Four’ Grocer Asda in a £6.8bn deal,…

Read More »

CMA launches inquiry into Issa Bros’ Asda takeover

The CMA has announced the launch of a phase 1 inquiry into the Issa Brothers’ £6.8bn takeover of Asda.  It…

Read More »

Asda gears up for ‘record Christmas’ as Q3 sales rise 2.7%

Asda has revealed it is gearing up for a “record Christmas” after it revealed its like-for-like sales increased by 2.7%…

Read More »

New Asda owners sell stake in EG holding company

The Issa brothers, the new billionaire owners of supermarket giant Asda, have reportedly generated hundreds of millions of pounds by…

Read More »

Asda opens new sustainability store

Asda has opened a new sustainability trial store and unveiled a new plastics reduction strategy that pledges that customers will…

Read More »

New Asda owners considering £3bn George sale

The Issa brothers, the new owners of ‘Big Four’ grocer Asda, are reportedly considering a £3bn sale of its clothing…

Read More »

Asda sold at £6.8bn to billionaire Issa brothers

Walmart has confirmed the Issa brothers and TDR Capital have taken equal shareholdings in an acquisition of Asda which values…

Read More »

Lone Star drops out of Asda race

US private equity firm Lone Star has reportedly dropped out of the £6.5bn race to acquire Asda from Walmart. According…

Read More »