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29-09-2020, 01:34 PM
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Senior Member
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£6.5 Billion possibly sale
paid to Owners Walmart USA. Debated on SkyNewsHD Business Hour 10AM - 11AM  [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.u...et-sweep-asda/ Last edited by arista; 02-10-2020 at 10:37 AM. |
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02-10-2020, 10:35 AM
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Senior Member
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Asda bought from Walmart by UK billionaire brothers in £6.8bn deal
https://news.sky.com/story/asda-boug...-deal-12087643 Last edited by arista; 02-10-2020 at 10:36 AM. |
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02-10-2020, 10:38 AM
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Scorchio
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2 Brits making it big through hardwork
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02-10-2020, 10:43 AM
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Senior Member
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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.] Last edited by arista; 02-10-2020 at 10:44 AM. |
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02-10-2020, 10:49 AM
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self-oscillating
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im glad to see it back in uk ownership ... hope it remains a quality store
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02-10-2020, 10:10 PM
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Senior Member
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02-10-2020, 10:14 PM
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The peoples princesses
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RIP arista’s asda Walmart posts about sausages
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02-10-2020, 10:24 PM
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self-oscillating
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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. |
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ISSA Brothers Bought ASDA supermarkets from USA Walmart
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