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1. www.thisismoney.co.uk › money › marketsNew era for Asda as TDR Capital becomes majority owner

   www.thisismoney.co.uk › money › markets

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   Jun 8, 2024 · TDR Capital, which helped finance Issa and his brother Moshin's debt-fuelled £6.8billion takeover of Asda in 2021, will become the group's majority owner after buying Zuber's 22.5 per cent stake.

2. corporate.asda.com › newsroom › 2024/07/06TDR Capital to become majority owner of Asda

   corporate.asda.com › newsroom › 2024/07/06

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   Jul 6, 2024 · TDR Capital invested in Asda alongside the Issa brothers, and together they took majority ownership of the business in June 2021. Since then, together with the other shareholders, TDR has supported Asda to accelerate its strategy, with a particular focus on delivering low prices to customers and expanding into the fast-growing convenience retail segment.

3. www.retail-week.com › grocery › private-equity-firmTDR Capital becomes Asda majority owner as Issa brothers ...

   www.retail-week.com › grocery › private-equity-firm

   Jun 7, 2024 · When the transaction is completed, TDR Capital will own 67.5% of Asda, with Mohsin Issa owning 22.5% of the grocer and former majority owner Walmart holding a 10% stake. The private equity firm bought the business alongside the two Issa brothers in June 2021. The firm said, alongside the Issa brothers, it has “supported Asda to accelerate its ...

   • Author: Hugh Radojev

4. northernfinancialreview.com › 2024/06/07 › tdrTDR Capital becomes majority owner of Asda – Northern ...

   northernfinancialreview.com › 2024/06/07 › tdr

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   Jun 7, 2024 · Private equity firm TDR Capital LLP said on Friday it agreed to acquire Zuber Issa’s shares in Leeds-based supermarket giant Asda, taking its ownership of Asda to 67.5%. The transaction is set to complete in Q3 of 2024. Zuber’s brother Mohsin Issa remains a co-owner in Asda with a 22.5% stake. Walmart Inc retains 10%.

5. www.msn.com › en-gb › moneyNew era for Asda as private equity backer TDR Capital ... - MSN

   www.msn.com › en-gb › money

   TDR Capital, which helped finance Issa and his brother Moshin's debt-fuelled £6.8billion takeover of Asda in 2021, will become the group's majority owner after buying Zuber's 22.5 per cent stake.

6. fashionunited.ca › news › businessTDR Capital becomes majority shareholder with 67.5 percent ...

   fashionunited.ca › news › business

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   The company added that TDR Capital invested in Asda alongside the Issa brothers, and together they took majority ownership of the business in June 2021. Since then, together with the other shareholders, TDR has supported Asda to accelerate its strategy, with a particular focus on delivering low prices to customers and expanding into the fast-growing convenience retail segment.

7. People also ask

   Will TDR increase its investment in Asda?

   • In statement, Zuber said the group of investors 'have driven a period of significant investment and entrepreneurial growth activity'. 'I am pleased to see TDR increasing its investment in Asda. With Mohsin and TDR's ongoing focus and shareholding, I am confident that Asda will achieve its growth ambitions.'

   New era for Asda as private equity backer TDR Capital becomes majorit…

   www.msn.com/en-gb/money/other/new-era-for-asda-as-private-equity-backer-tdr-capital-becomes-majority-owner/ar-BB1nNYn7

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   Who is TDR Capital?

   • TDR Capital is a leading European private equity firm with over €15 billion of assets under management. Founded in 2002, TDR typically acquires majority stakes in strong, market-leading European companies with the potential for robust growth and resilience throughout economic cycles. TDR has managed five European mid-market buyout funds.

   TDR Capital to become majority owner of Asda

   corporate.asda.com/newsroom/2024/07/06/tdr-capital-to-become-majority-owner-of-asda

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   Why did TDR support Asda?

   • Since then, together with the other shareholders, TDR has supported Asda to accelerate its strategy, with a particular focus on delivering low prices to customers and expanding into the fast-growing convenience retail segment.

   TDR Capital to become majority owner of Asda

   corporate.asda.com/newsroom/2024/07/06/tdr-capital-to-become-majority-owner-of-asda

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8. www.reuters.com › world › ukIssa bros and TDR Capital complete $9.5 bln Asda purchase

   www.reuters.com › world › uk

   Feb 16, 2021 · Britain's Issa brothers and private equity firm TDR Capital said on Tuesday they had completed the acquisition of supermarket group Asda from Walmart (WMT.N) for an enterprise value of 6.8 billion ...