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Birmingham Post

Business

Jon Robinson

Asda-owning billionaire Issa brothers 'eyeing £1bn sale' of US petrol stations

Asda EG Group Zuber Issa Petrol EG Euro Garages Leon Euro Manchester United

The billionaire brothers who own Asda are considering a £1bn sale of part of their US petrol station empire.

First reported by Sky News, the Issa brothers' EG Group has hired investment bankers at Eastdil to lead the process.

When contacted by BusinessLive, a spokesman said the group would not be commenting on the news, but did not deny the report.

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