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-   -   Billionaire Issa brothers(Asda) in £440m German petrol chain bid (https://www.thisisbigbrother.com/forums/showthread.php?t=372324)

arista 14-12-2020 03:07 PM

Billionaire Issa brothers(Asda) in £440m German petrol chain bid
 
[EG Group, owned by
billionaire brothers Zuber and Mohsin Issa,
is buying a 285-strong chain of German petrol station
forecourts in a €485m (£440m) deal.

The move will extend the
company's 6,000-strong petrol station empire
across the UK and Europe.
In October, EG Group agreed to buy Asda in
a deal that valued the UK supermarket chain at £6.8bn.
The Asda deal is being examined by competition
authorities and is also subject to approval by regulators

Shortly after the Asda deal was announced,
the Blackburn-based Issa brothers were both made CBEs.]



https://www.bbc.co.uk/news/business-55301038


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