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Jul 6, 2024 · Funds managed by TDR Capital LLP, a leading UK-based private equity firm, have today announced that they have agreed to acquire Zuber Issa’s shares in Asda. Mohsin Issa remains a co-owner in Asda alongside TDR Capital.
Jul 9, 2024 · Funds managed by TDR Capital agreed to acquire Zuber Issa’s shares in the Leeds-headquartered chain last month. Mohsin Issa will remain a co-owner of Asda alongside TDR Capital. The move...
3 days ago · Following the deal, Zuber Issa will step down as co-CEO of EG Group, with Mohsin Issa continuing to lead the business as sole CEO. Mohsin Issa remains a co-owner in Asda alongside TDR Capital. This brings the ownership of Asda to 67.5 per cent by TDR Capital, 22.5 per cent by Mohsin Issa, and 10 per cent by Walmart Inc.
Jul 6, 2024 · The Group has today announced it has reached an agreement to sell its remaining UK forecourt business and certain standalone foodservice locations for a headline consideration of £228m to co-founder Zuber Issa.
Jul 9, 2024 · Zuber Issa is now focusing on forecourts after a pair of massive deals last month that saw him separate his corporate interests from those of his brother Mohsin. Zuber bought the remaining...
Jun 30, 2024 · However, the decision by Zuber Issa to sell his 22.5pc stake to TDR, after relations with his older sibling Mohsin became increasingly strained, has cast Asda’s recently anointed majority...
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Jun 28, 2024 · Mohsin and Zuber Issa and private equity firm TDR Capital bought 90% of Asda from Walmart , opens new tab in a 6.8 billion pound ($8.6 billion) deal that completed in 2021.
