The pair and TDR Capital acquire majority ownership stake in supermarket
Asda has been sold to two billionaire brothers from Blackburn and the private equity firm TDR Capital in a deal that values the supermarket chain at £6.8bn.
On Friday, Asda, which is owned by the US retail giant Walmart, confirmed the sale to Mohsin and Zuber Issa, who made their fortunes running the EG Group petrol station group, and TDR.
Continue reading...from Mergers and acquisitions | The Guardian https://ift.tt/3jmVCZm
No comments:
Post a Comment