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Asda owners finance EG takeover with proceeds from previous disposal
INDUSTRY INSIGHTS

Asda owners finance EG takeover with proceeds from previous disposal

  • June 2023

It has been revealed that Asda owners the Issa brothers and TDR Capital used the proceeds from an earlier disposal to finance the supermarket chain’s recent acquisition of parts of the EG Group – another company that the two parties jointly own. Last week, Asda announced a deal to acquire pe...

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