Who are the billionaire Issa brothers? - BBC News
WEBAug 31, 2022 · Zuber and Mohsin Issa's EG Group, which owns Britain's third largest supermarket, Asda, agreed to buy the Co-op's 129-strong petrol forecourt business. The latest acquisition, however, has been...
Mohsin and Zuber Issa - Wikipedia
WEBFrom August 2021 to September 2024, Mohsin served as Asda's chief executive. [3] Since September 2024, Mohsin Issa is the sole chief executive of EG Group, and a minority owner and non-executive director of Asda. [4]
Asda’s woes deepen after co-owner of UK’s third-largest …
WEB4 days ago · Nine months on, Asda said on Wednesday that Mohsin would step down from running the supermarket, with Lord Stuart Rose, Asda’s chair, and Rob Hattrell, an executive at TDR, its majority owner ...
TDR Capital to become majority owner of Asda
WEBJul 6, 2024 · Funds managed by TDR Capital LLP, a leading UK-based private equity firm, have today announced that they have agreed to acquire Zuber Issa’s shares in Asda. Mohsin Issa remains a co-owner in Asda alongside TDR Capital.
Blackburn Issa brothers to split as Asda share sale announced - BBC
WEBBusinessman Zuber Issa has sold his stake in Asda to the supermarket chain's private equity backer. The sale brings TDR Capital's share in the supermarket group to 67.5%, while 22.5% is still...
Asda bought by billionaire Issa brothers in £6.8bn deal - BBC
WEBOct 2, 2020 · 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.
Asda leadership update
WEB5 days ago · Asda has announced that Mohsin Issa is stepping back from his executive leadership role to focus on his previously announced role as sole CEO of EG Group. ... Mohsin Issa, co-owner of Asda, said: “I am very proud of the highly experienced team we have built, and the significant progress made to build a …
Asda billionaire boss Issa: 'I've not done bad' - BBC
WEBMar 1, 2024 · Mohsin Issa, one half of the so-called "billionaire brothers" who own Asda, says he plans to hand over the running of the UK's third biggest supermarket.
Asda co-owner Mohsin Issa to step back from running supermarket
WEB4 days ago · Asda’s billionaire co-owner Mohsin Issa will step down from running the UK’s third-largest supermarket chain, which has lost market share to rivals in recent months. Lord Stuart Rose, Asda’s ...
TDR to acquire majority stake in Asda as Issa brothers split empire
WEBJun 7, 2024 · Zuber Issa, who owns Asda with his brother Mohsin, has agreed to sell his stake in the British supermarket chain to co-owners TDR Capital in a deal that will make the private equity firm the...
Skip to content