Billionaire Issa brothers split up as Asda takeover announced June 7, 2024 Asda is to get a new majority owner after one of the billionaire Issa brothers agreed to sell his stake, it has been confirmed.
Asda named the most expensive supermarket petrol seller ahead of Tesco, Morrisons and Sainsbury’s June 5, 2024 Asda has been named as the UK’s most expensive supermarket fuel retailer ahead of rivals Tesco, Morrisons and Sainsbury’s.
Billionaire Issa brothers’ £2bn Asda deal sees petrol stations empire EG Group surge back to profit May 20, 2024 The petrol forecourts empire built by the billionaire Issa brothers, who also own Asda, surged back into the black in 2023 following its £2bn deal with the supermarket giant.
Asda: Debt-laden grocer cashes in on price matching schemes as hunt for new chief gets underway May 17, 2024 Asda, the debt-laden grocery chain, said Aldi and Lidl price matching schemes helped revenue grow by 6.6 per cent in the first quarter of the year.
Mohsin and Zuber Issa: Asda-owning billionaire brothers see net worth sag May 17, 2024 The Issa brothers have had a tumultuous year, as it was rumoured that Zuber was looking to sell his 22.5 per cent stake in Asda after falling out with his brother.