Petrol forecourt giant EG Group in ‘pole position’ to take over Asda
A consortium led by petrol forecourt giant EG Group is in pole position to take over Asda, Sky News has reported.
The Blackburn headquartered group, founded by brothers Mohsin and Zuber Issa, working with London-based private equity firm TDR Capital, has been selected by the American retail giant Walmart as the preferred bidder for Asda.
The takeover of Asda will value the supermarket chain at…
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