REVEALED: 2 | Rare Historical Photos

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

What the Issa brothers really think of their 'billionaire brothers' nickname

Mohsin and Zuber Issa - believed to be worth over £1bn - have strong thoughts about the nickname

Manchester Evening News · May 8, 2023

Billionaire Issa brothers make offer to get Asda's £600m Co-op deal approved amid £8bn Subway move

In August 2022, the Co-op first revealed plans to sell its 132 petrol stations and attached convenience stores in a bid to bolster its finances

Birmingham Post · Mar 28, 2023

Billionaire Issa brothers 'plotting £8billion takeover of fast food chain Subway'

Sources said that the possible takeover of the worldwide sandwich chain Subway by the EG Group could cost the Issa Brothers around £8billion

Daily Mirror · Mar 28, 2023

Profits rise to almost $1.5bn at billionaire Issa brothers' EG Group as sales surge 25%

The billionaires also own Asda separately to EG Group

Birmingham Post · Mar 9, 2023

Billionaire Issa brothers agree $1.5bn 'sale and leaseback' deal for EG Group in USA

EG Group said it will use the net proceeds to help repay debt

Manchester Evening News · Mar 6, 2023

Billionaire Issa brothers’ EG Group in $1.5bn US property sale to slash debt

The brothers also co-own Asda with TDR Capital

Birmingham Post · Mar 6, 2023

Some of the billionaire Issa brothers' biggest projects to keep an eye on in 2023

It includes the first drive-thru Indian street food restaurant in the country

Manchester Evening News · Jan 28, 2023