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View Full Version : ISSA Brothers Bought ASDA supermarkets from USA Walmart


arista
29-09-2020, 01:34 PM
£6.5 Billion possibly sale
paid to Owners Walmart USA.


Debated on SkyNewsHD
Business Hour 10AM - 11AM


https://www.lancashiretelegraph.co.uk/resources/images/11857787.png?display=1&htype=0&type=responsive-gallery

[BLACKBURN’S billionaire Issa brothers are on
the verge of clinching a deal to buy Asda.
The EG group founders have been named preferred
bidders for the supermarket chain
by current US owners Walmart.]


https://www.lancashiretelegraph.co.uk/news/18755610.blackburns-issa-brothers-set-sweep-asda/

arista
02-10-2020, 10:35 AM
Asda bought from Walmart by UK billionaire brothers in £6.8bn deal


https://news.sky.com/story/asda-bought-from-walmart-by-billionaire-brothers-in-6-8bn-deal-12087643

Crimson Dynamo
02-10-2020, 10:38 AM
2 Brits making it big through hardwork

:clap1:

arista
02-10-2020, 10:43 AM
Yes LT
a Great example of the value of working hard.


[The sale brings Asda back under British ownership
for the first time since 1999, when Walmart paid £6.7bn for the business.]

bots
02-10-2020, 10:49 AM
im glad to see it back in uk ownership ... hope it remains a quality store

arista
02-10-2020, 10:10 PM
https://ichef.bbci.co.uk/news/624/cpsprodpb/A711/production/_114696724_eyawards.jpg
Zuber Issa and Mohsin Issa
claim a recent award


https://www.bbc.co.uk/news/business-54343391

Mitchell
02-10-2020, 10:14 PM
RIP arista’s asda Walmart posts about sausages :(

bots
02-10-2020, 10:24 PM
amazing story ....

Two UK billionaire brothers - who made their money in petrol stations - have succeeded in buying UK supermarket giant Asda from US owners Walmart.

Zuber and Mohsin Issa, 48 and 49, started their business with a single petrol forecourt in Bury, Greater Manchester, in 2001.

Now their business, EG Group, owns more than 5,200 petrol stations, mainly in Europe and the US, and employs more than 33,000 people.