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TDR Capital was co-founded in 2002 by Manjit Dale, Stephen Robertson, and Tudor Capital. [3] [4] [5] It is located on Bentinck Street in Marylebone, central London. [4] [5] In 2006, it was a large shareholder of the Gondola Group, which owned PizzaExpress. [6] In September 2013, TDR acquired the David Lloyd Leisure fitness chain for £750 ...
Jun 7, 2024 · Zuber Issa, who owns Asda with his brother Mohsin, has agreed to sell his stake in the British supermarket chain to co-owners TDR Capital in a deal that will make the private equity firm the ...
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 ...
- Hugh Radojev
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. This brings the ownership of Asda to 67.5% by TDR Capital, 22.5% by Mohsin Issa, and 10% by Walmart Inc.
Oct 2, 2020 · TDR Capital now owns half of the group, with Zuber Issa controlling 25% and Mohsin Issa the remaining 25%. Walmart said it expected to report a $2.5bn (£1.9bn) loss for its next financial year ...
Jun 7, 2024 · Billionaires Zuber and Mohsin Issa bought Asda from Walmart for £6.8bn in 2020 in a deal with the backing of TDR capital. The brothers own petrol forecourt and filling station company EG Group ...
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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.
