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Old 29-09-2020, 01:34 PM #1
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Default ISSA Brothers Bought ASDA supermarkets from USA Walmart

£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/

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Old 02-10-2020, 10:35 AM #2
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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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Old 02-10-2020, 10:38 AM #3
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2 Brits making it big through hardwork

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Old 02-10-2020, 10:43 AM #4
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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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Old 02-10-2020, 10:49 AM #5
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im glad to see it back in uk ownership ... hope it remains a quality store
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Old 02-10-2020, 10:10 PM #6
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Zuber Issa and Mohsin Issa
claim a recent award


https://www.bbc.co.uk/news/business-54343391
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Old 02-10-2020, 10:14 PM #7
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RIP arista’s asda Walmart posts about sausages
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Old 02-10-2020, 10:24 PM #8
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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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