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Birmingham Post
Birmingham Post
Business
Jon Robinson

Asda completes £600m deal to buy Co-op's petrol forecourt business

Co op Asda Petrol United States Mohsin Issa CMA

Asda has completed a deal worth around £600m to buy the Co-op's petrol forecourt business.

The supermarket, which is owned by the billionaire Issa brothers and TDR Capital, said 2,300 workers will move over from the Co-op to the group.

The new focus in forecourts and convenience stores comes after Asda's £6.8bn takeover by the billionaire brothers and their private equity backer, who also own the EG Group forecourt giant.

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