TDR Capital takes majority stake in Asda
Private Equity Insights
JUNE 17, 2024
stake in the business from Zuber Issa, co-founder of EG Group, which ups its holding to 67.5%. stake in Asda, while US retail giant and Walmart holds 10%. After agreeing to sell his stake, Zuber Issa has also announced a £228m deal to acquire EG Group’s remaining UK forecourts business. Mohsin Issa retains a 22.5%
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