Asda’s private equity owner has awarded partners with a £31m payday even as turnaround efforts fail to deliver results at the ...
Proceeds from supermarket, warehouse and petrol station sales have been used to cut debt accrued in leveraged buyouts ...
LONDON, May 25 (Reuters) - The owners of supermarket Asda and petrol stations company EG Group will announce a 10 billion-pound ($12.6 billion) merger of their operations in Britain as early as Friday ...
(Reuters) – The owners of British supermarket group Asda are set to buy McColl’s out of administration, saving around 16,000 jobs after the convenience store chain’s lenders rejected a rescue deal ...
(Bloomberg) -- A top private equity executive has defended the bosses of Asda from accusations that they are unfairly pushing up food and gas prices. “Mohsin and Zuber (Issa) in our view are two of ...
Private equity firm TDR Capital is set to become the majority owner of British supermarket chain Asda, after acquiring co-owner Zuber Issa’s stake in the company. As FoodBev reported in April, Zuber ...
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Britain's competition regulator has accepted an offer from the new owners of the Asda supermarket chain to sell 27 petrol stations to satisfy concerns the takeover could lead to higher fuel prices and ...
LONDON, June 16 (Reuters) - Britain's competition regulator will not refer the 6.8 billion pound ($9.6 billion) takeover of supermarket chain Asda for an in-depth probe after accepting an offer by its ...
LONDON, April 20 (Reuters) - Britain's Issa brothers and private equity group TDR Capital must address the competition regulator's concerns that their purchase of the Asda supermarket chain could lead ...
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