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Jun 8, 2024 · Blackburn brothers Zuber and Mohsin Issa bought Asda from Walmart in 2020. Zuber Issa will also step down as co-chief executive of EG Group after reaching an agreement to buy its...
Jun 11, 2024 · As Mohsin and Zuber Issa part ways over Asda and TDR Capital becomes the majority shareholder, Retail Week looks at what this will mean for the grocer. It was confirmed on Friday that Zuber Issa would be stepping away from Asda and selling his 22.5% stake to co-owner TDR Capital.
21 hours ago · 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.
Jun 9, 2024 · Zuba Issa who acquired Asda in 2021 with his brother Moshin and TDR Capital - is selling his shares in the supermarket to the private equity firm. The London buyout company yesterday announced it...
Jun 9, 2024 · Zuber and Mohsin Issa. Mohsin Issa remains a co-owner in Asda alongside TDR Capital. This brings the ownership of Asda to 67.5% by TDR Capital, 22.5% by Mohsin Issa, and 10% by...
Jun 8, 2024 · TDR Capital, which helped finance Issa and his brother Moshin's debt-fuelled £6.8billion takeover of Asda in 2021, will become the group's majority owner after buying Zuber's 22.5 per cent...
6 days ago · However, the decision by Zuber Issa to sell his 22.5pc stake to TDR, after relations with his older sibling Mohsin became increasingly strained, has cast Asda’s recently anointed majority...
