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Mohsin Issa CBE. Mohsin joined Asda’s board of directors in February 2021. In February 2021, the Issa brothers ‒ Mohsin and Zuber ‒ and investment funds managed by TDR Capital LLP, a leading UK-based private equity firm, completed the acquisition of Asda.
Mohsin Issa CBE and Zuber Issa CBE are British-Indian billionaire brothers and businessmen who founded Euro Garages (later renamed EG Group) in 2001, a Blackburn-based operator of filling stations, convenience stores and food service providers across Europe, the United States and Australia.
Oct 2, 2020 · Two UK billionaire brothers - who made their money in petrol stations - have struck a £600m deal to expand their fuel forecourt empire. Zuber and Mohsin Issa's EG Group, which owns...
Mar 1, 2024 · Mohsin Issa, one half of the so-called "billionaire brothers" who own Asda, says he plans to hand over the running of the UK's third biggest supermarket. In his first broadcast interview, the...
Jun 8, 2024 · Zuber and Mohsin Issa, from Blackburn, bought Asda from Walmart in 2020 in a £6.8bn deal with the backing of TDR Capital. Walmart still holds a 10% stake. The private equity firm is also...
Mar 20, 2024 · Mohsin and Zuber Issa turbocharged their retail empire in the easy-money era of the past decade through dozens of debt-funded deals to form one of the world’s largest owners of gas stations and convenience stores.
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Business reporter. Getty Images. Two billionaire brothers from Blackburn have won the battle to buy Asda from Walmart of the US, in a deal valuing the supermarket chain at £6.8bn. A consortium of...
