Asda will introduce HAIRDRESSERS and nail bars to stores after billionaire brothers’ £6.8bn takeover bid is completed Mohsin and Zuber Issa plan to revive Asda if their £6.8bn takeover goes ahead Food aisles could be cut by a quarter to introduce cafes, hair salons and nail bars The takeover bid is subject to an investigation … Read more
Asda will introduce HAIRDRESSERS and nail bars to stores after billionaire brothers’ £6.8bn takeover bid is completed Mohsin and Zuber Issa plan to revive Asda if their £6.8bn takeover goes ahead Food aisles could be cut by a quarter to introduce cafes, hair salons and nail bars The takeover bid is subject to an investigation … Read more
Up to 5,000 jobs at risk in Asda shake-up just months after Issa brothers’ £6.8bn debt-fuelled takeover By Daily Mail City & Finance Published: 21:52 GMT, 25 February 2021 | Updated: 21:52 GMT, 25 February 2021 Up to 5,000 jobs are at risk at Asda as part of a major restructuring just months after the … Read more
Billionaire petrol station tycoons the Issa brothers and their private equity backers have today completed their £6.8billion acquisition of Asda, returning the supermarket giant to British ownership after more than 20 years. The EG Group, owned by Mohsin and Zuber Issa, previously reached an agreement to acquire the chain from Walmart. The deal, which is … Read more
Billionaire petrol station tycoons the Issa brothers and their private equity backers have today completed their £6.8billion acquisition of Asda, returning the supermarket giant to British ownership after more than 20 years. The EG Group, owned by Mohsin and Zuber Issa, previously reached an agreement to acquire the chain from Walmart. The deal, which is … Read more
Taxpayer backed staggering £68.2bn in emergency loans to keep businesses afloat through pandemic By Daily Mail City & Finance Reporter Published: 21:50 GMT, 1 January 2021 | Updated: 21:50 GMT, 1 January 2021 The taxpayer has backed a staggering £68.2billion in emergency loans to keep businesses afloat through the Covid-19 pandemic. The Treasury’s lifeline loan … Read more
The new owners of Asda have built a business empire fuelled by billions of pounds of debt, low tax bills and links to a string of global tax havens including Jersey and the Cayman Islands. Blackburn-based brothers Mohsin and Zuber Issa on Friday sealed a £6.8billion deal with their private equity backers TDR to buy … Read more