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Birmingham Post
Birmingham Post
Business
Jon Robinson

What Asda's £2.3bn deal means for prices, jobs and the future of EG Group

Asda's deal to buy the vast majority of EG Group's UK and Ireland operations in a deal worth over £2bn looks set to be one of the largest acquisitions of the year.

The deal had been rumoured to have been in the works since January with sources telling BusinessLive at the end of last week that an announcement was expected after the Bank Holiday weekend.

Now the news has been made public, questions have arisen over what it could mean for prices at Asda, jobs at both companies and what the future EG Group will look like.

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