Asda bought by billionaire Issa brothers in £6.8bn deal
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Two billionaire brothers from Blackburn have won the battle to buy Asda from Walmart of the US, in a deal valuing the supermarket chain at £6.8bn.
A consortium of Zuber and Mohsin Issa and private equity firm TDR Capital will take a majority stake in Asda.
It means the grocer will return to majority UK ownership for the first time in two decades.
The Issa…
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