EG Group

EG Group EBITDA falls to $345m in Q3 following Asda acquisition

EG Group, the global food services and petrol forecourts operator, has revealed that its EBITDA dipped 18% to $345m (£272m)…

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EG Group to amend and extend loan following Asda deal

Retail and petrol forecourt company, EG Group, has announced that it will seek to amend and extend its banking loans…

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Asda and EG merger threatens food supply and jobs, says GMB

The merger between Asda and petrol forecourt business EG Group will threaten the UK’s food supply, fuel prices and 100,000…

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EG Group revenues jump 25% to $33bn

Asda owners the Issa brothers’ EG Group has revealed its full-year revenues surged 25% to $33.04bn (£22.5bn), which it said…

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EG Group profits hit by cost-of-living crisis in Q2

The Issa brothers-owned EG Group has seen its profits slump in Q2, as earnings fell by 6.5% to $355m (£307m)…

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EG Group backs out of £750m Asda forecourt business deal

The owners of EG Group, who bought out Asda in a £6.8bn takeover, have revealed that they will no longer…

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Asda owners mull £10.8bn EG Group sale

TDR Capital and the Issa brothers, the new owners of Asda, are reportedly considering their options – including a possible…

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EG Group revenues soar 57.7% in Q2

Blackburn-based retail giant EG Group saw total revenues soar 57.7% year-on-year to $6.51bn (£4.75m) in Q2 FY21. The new Asda…

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EG Group acquires Leon in £100m deal

The EG Group, owned by billionaire brothers Mohsin and Zuber Issa, has announced the acquisition of all 70 Leon restaurants…

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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,…

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