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Evening Standard
Evening Standard
Business
Simon Hunt

Billionaire Issa brothers sell dozens of stores to bring down EG Group debts

EG Group EG Asda United States Zuber Issa

The billionaire Issa brothers have sold scores of convenience stores in the US in the latest step on their bid to bring down debts.

The pair’s retail and petrol forecourt conglomerate, EG Group, today said it had disposed of 63 sites in Kentucky and Tennessee in a deal with US-listed Casey’s General Stores. The terms of the sale were not disclosed.

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