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Asda co-owner Mohsin Issa to step back from running supermarket
WEBSep 18, 2024 · 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 …
See results only from ft.comTDR to acquire majority stak…
Zuber Issa, who owns Asda with his brother Mohsin, has agreed to sell his stake in …
Asda’s private equity owners …
The private equity owner of UK supermarket chain Asda defended its controversial …
TDR to acquire majority stake in Asda as Issa brothers …
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 ...
What's gone wrong at Asda? | Business News | Sky News
WEBAug 13, 2024 · Asda's market share has plunged to 12.6% as of August 2024, while Tesco and Sainsbury's have pulled ahead. The grocery retailer has faced upheaval, criticism …
TDR Capital to become majority owner of Asda
WEBJul 6, 2024 · TDR Capital, a UK-based private equity firm, will acquire Zuber Issa's shares in Asda and increase its stake to 67.5%. The transaction is part of Asda's growth strategy, …
Asda billionaire boss Issa: 'I've not done bad' - BBC News
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’s private equity owners grilled over debt and …
WEBJan 9, 2024 · The private equity owner of UK supermarket chain Asda defended its controversial buyout of the business, as it faced a grilling from politicians. TDR Capital, which acquired Asda in a £6.8bn...
Asda delivers more than £1bn of underlying profit and significant ...
WEBApr 22, 2024 · Asda announces its full year results for the period ending 31 December 2023, with a 24% increase in adjusted EBITDA after rent to £1.078bn. The supermarket …
Blackburn Issa brothers to split as Asda share sale …
WEBJun 8, 2024 · Issa brothers to split as Asda share sale announced. Businessman Zuber Issa has sold his stake in Asda to the supermarket chain's private equity backer. The sale brings TDR Capital's share in...
Asda announces record £150m investment to become highest …
WEBJan 3, 2024 · Asda announces proposals to increase hourly pay by 8.4% for store and express colleagues, bringing rates to £12.04 and £13.21 respectively. The investment …
TDR Capital becomes majority Asda owner by buying out Zuber …
WEBJun 7, 2024 · TDR Capital has agreed to increase its stake in Asda to become majority owner after buying out the shares owned by Zuber Issa.. The private equity giant …
