The Issa Brothers

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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Issa brothers eye retail veteran Ian McLeod as Asda chief

Asda owners, the Issa Brothers, are reportedly considering former Halfords boss Ian McLeod as the supermarket chain’s new chief executive. …

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Issa Brothers given green light for £6.8bn Asda takeover

The Competition and Markets Authority (CMA) has accepted the Issa Brothers offer to sell 27 of their 395 EG Group…

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Asda owners consider George spin-off

Asda’s new owners are reportedly considering spinning off George, the fashion label developed by George Davies, in an attempt to…

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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…

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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…

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