REVEALED: 2 - The Real Truth

Mohsin Issa confirms relationship with ex-EY tax partner after Asda auditor resignation

The pair noted that Price was not an audit partner at EY and didn't work on the Asda business

Evening Standard · Feb 2, 2024

Asda owner faces rise in servicing £4bn debt, MPs told

Group faces £30m rise in debt costs, Asda bosses tell MPs on business and trade committee

The Guardian - UK · Dec 19, 2023

Asda execs to hand over secret offshore accounts after MPs question 'Phantom' investment firms

Asda execs have committed to sharing secret accounts for the offshore companies that own the supermarket after coming under pressure from MPs.

Evening Standard · Dec 19, 2023

Asda’s profit margins at the pump have trebled, MPs told

Competition regulator tells business committee of ‘significant change’ in retailer’s fuel pricing

The Guardian - UK · Jul 19, 2023

Asda’s fuel margin targets were three times the 2019 level by 2023, MPs told

Asda told the CMA that it decided to pass down retail price falls in 2022 more slowly in areas where it had no direct competition, MPs were told.

The Independent UK · Jul 19, 2023

Tesco puts squeeze on suppliers so it can cut grocery prices for customers

As market moves from ‘inflation to deflation’, supermarket wants to get ahead of rivals

The Guardian - UK · Jul 16, 2023

‘No price hikes’ in supermarket as Asda buys petrol station operator for £2.2 billion

Both sides of the deal claim it is not driven by the need to offload a large debt pile

Insider UK · 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