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The Guardian - UK

Business

Simon Goodley

Issa brother ‘eyes sale’ of Asda stake to focus on petrol station business

Asda Zuber Issa Mohsin Issa Petrol EG Group TDR Capital EG

The reported move has emerged at what appears to be a tricky time for Mohsin Issa (left) and his brother Zuber. Composite: SOPA Images/Alamy/Getty

The ownership team behind the indebted supermarket Asda could be about to change again after one of the billionaire Issa brothers was reported to be exploring the sale of his stake in the business.

Zuber Issa, 51, owns 22.5% of the grocer after a £6.8bn takeover alongside his older brother Mohsin and the private equity firm TDR Capital three years ago.

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