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The Latest Breaking News from TDR Capital

Some of the billionaire Issa brothers' biggest projects to keep an eye on in 2023

It includes the first drive-thru Indian street food restaurant in the country

Manchester Evening News

Billionaire Issa brothers 'exploring £13bn merger' of Asda and EG Group

The Issa brothers are also considering a £1bn sale of part of their US petrol station empire

Birmingham Post

Official inquiry launched into Asda's £600m deal to buy the Co-op's petrol stations

Asda is owned by the Lancashire-based billionaire Issa brothers and private equity firm TDR Capital

Birmingham Post

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Asda to create 10,000 jobs over next four years in major convenience store push

Asda is owned by the billionaire Issa brothers, who also separately own EG Group, alongside TDR Capital

Birmingham Post

Issa brothers-owned Asda 'in £450m bid for Co-op's petrol stations'

Asda was taken over by the Lancashire-based Issa brothers and TDR Capital last year

Birmingham Post

The top team running the EG Group empire that was founded by the billionaire Issa brothers

BusinessLive profiles the top team running EG Group

Birmingham Post

India's Apollo Global, Reliance Make a Binding Offer For UK's Boots: Bloomberg

Apollo Global Management Inc. (NYSE:APO) and Ambani's Reliance Industries Ltd. led consortium have made a binding offer for Walgreens Boots Alliance Inc.'s (NASDAQ:WBA) international arm, reported Bloomberg, citing people familiar with the matter. The source stated that the proposal values Boots at more than £5 billion ($6.3 billion). Walgreens is seeking a valuation of around £7…

Benzinga

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Asda chair Lord Stuart Rose warns of 'desperate' customers buying less food as incomes fall

The supermarket giant is owned by the billionaire Issa brothers and TDR Capital

Birmingham Post

Asda to invest more than £73m to cut prices and increase hourly pay

The supermarket giant is owned by the billionaire Issa brothers and TDR Capital

Birmingham Post

Asda co-owner claims value of stake has risen 20-fold as it readies Boots bid

London-based TDR Capital says investment in grocer is now worth £1.4bn on paper

The Guardian - UK

Asda owner TDR Capital 'in talks to buy Butlin's holiday camp empire' in £600m takeover

Butlin's operates three camps and one million Brits visit every year with business booming due to a rise in staycations, but now the holiday camps are up for sale with several interested parties

Daily Mirror

Asda owners Issa brothers hit with Waitrose legal challenge over new discount range

The new range is due for May launch

Manchester Evening News

Growth stalls at Asda as supermarket giant axes Smart Price in value range shake-up

The supermarket was bought by the Issa brothers and TDR Capital for £6.8bn

Birmingham Post

Billionaire Issa brothers 'weighing up' £10bn Asda takeover of Boots

The Lancashire-based brothers acquired Asda with the help of TDR Capital in 2020

Birmingham Post

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