REVEALED: 2 - The Real Truth

Billionaire Issa brothers sell dozens of stores to bring down EG Group debts

The billionaire Issa brothers have sold scores of convenience stores in the US in the latest step on their bid to bring down debts.

Evening Standard · Aug 15, 2023

Bakery chain Cooplands closes nine shops across country - full list of stores being shut

Cooplands is the largest family-owned bakery in the UK with more than 200 outlets across the country, but it was bought by EG Group in 2021 and it is making changes

Daily Mirror · Jul 2, 2023

Profits fall at billionaire Issa brothers' EG Group ahead of £2.3bn Asda deal

The figures come after a deal worth more than £2bn which will see Asda acquire the majority of EG Group's UK and Ireland operations was confirmed at the end of May

Birmingham Post · Jun 8, 2023

THG, Salford Red Devils and Hotter Shoes: The 12 latest top North West deals

BusinessLive has rounded up some of the latest top deals you should not miss

Birmingham Post · May 31, 2023

What Asda's £2.3bn deal means for prices, jobs and the future of EG Group

BusinessLive has taken a look at the deal in depth and what it could mean for each company and their customers

Birmingham Post · May 31, 2023

Asda to buy group founded by billionaire Issa brothers for over £2bn

Mohsin and Zuber Issa started out with a single petrol station forecourt in Bury, Greater Manchester more than 20 years ago

Manchester Evening News · May 30, 2023

Asda to buy petrol stations group EG UK as it aims to overtake Sainsbury’s

Concerns raised over £770m of new loans and £450m in new funds from Issa brothers and TDR Capital

The Guardian - UK · May 30, 2023

Billionaire Issa brothers confirm Asda to buy UK operations of EG Group for over £2bn

The deal is expected to be completed in the fourth quarter of 2023

Birmingham Post · May 30, 2023

Nvidia becomes world’s first chipmaker worth more than $1tn – as it happened

The AI boom is driving demand for chips from manufacturers like Nvidia, which has seen its share price soar

The Guardian - UK · May 30, 2023

Billionaire Issa brothers merge Asda with EG Group UK in £2.3 billion deal

The billionaire Issa brothers marked another milestone on their quest to slash their business empire’s heavy debt burden today as the pair finalised plans to merge the UK operations of petrol forecourt business EG Group with Asda in a £2.3 billion deal.

Evening Standard · May 30, 2023