- Issa brothers acquire ASDA Archived Message
- Issa brothers acquire ASDA - Mary September 28, 2020, 6:37 pm
- Loved their rendition of "Summer Breeze" - scrabb September 29, 2020, 11:24 am
- 😁 - Focus September 29, 2020, 3:22 pm
- Loved their rendition of "Summer Breeze" - scrabb September 29, 2020, 11:24 am
Posted by Mary
on September 28, 2020, 6:37 pm
|
It's amazing that when many of us are struggling with job loss, shortage of income, etc, this pair have £6.5bn at their disposal for the acquisition of ASDA. 'The billionaire brothers behind one of Britain's biggest petrol station operators have moved into pole position to clinch the biggest deal of their career: the takeover of Asda that will value the supermarket chain at more than £6.5bn. Sky News can exclusively reveal that a consortium led by Mohsin and Zuber Issa, the bosses of EG Group, and TDR Capital, the London-based private equity firm, has been selected by the American retail giant Walmart as the preferred bidder for Asda. A deal has yet to be formally struck, but City sources confirmed on Monday that the brothers' offer was now the leading contender to buy one of Britain's biggest grocery retailers.' https://news.sky.com/story/billionaire-brothers-in-pole-position-to-buy-asda-in-6-5bn-swoop-12084315 https://en.wikipedia.org/wiki/Zuber_Issa https://en.wikipedia.org/wiki/Mohsin_Issa |
| Message Thread:
|