Mohsin Issa updates on the split of businesses from his brother
2 hours ago · In a trading update for the third quarter of 2024, representing the three months to September 30, 2024, Mohsin Issa CBE, co-founder and CEO of EG Group, said: “The third quarter of 2024 saw ...
Mohsin and Zuber Issa - Wikipedia
Mohsin Issa CBE and Zuber Issa CBE are British-Indian billionaire brothers and businessmen who founded Euro Garages (later renamed EG Group) in 2001, a Blackburn-based operator of filling stations, convenience stores and food service providers across Europe, the United States and Australia. [1]
Asda billionaire boss Issa: 'I've not done bad' - BBC News
Mar 1, 2024 · Mohsin Issa, one half of the so-called "billionaire brothers" who own Asda, says he plans to hand over the running of the UK's third biggest supermarket. In his first broadcast interview, the...
Asda co-owner Mohsin Issa to step back from running supermarket
Sep 18, 2024 · Asda’s billionaire co-owner Mohsin Issa will step down from running the UK’s third-largest supermarket chain, which has lost market share to rivals in recent months.
End of Issa Brothers close partnership as Zuber Issa exits Asda, …
Jun 7, 2024 · The two deals, announced simultaneously, mark the latest step in the splitting of assets held jointly between billionaire brothers Mohsin and Zuber Issa, who over the past two decades have...
TDR to acquire majority stake in Asda as Issa brothers split empire
Jun 7, 2024 · Zuber Issa, who owns Asda with his brother Mohsin, has agreed to sell his stake in the British supermarket chain to co-owners TDR Capital in a deal that will make the private equity firm the...
TDR Capital to become majority owner of Asda
Jul 6, 2024 · Funds managed by TDR Capital LLP, a leading UK-based private equity firm, have today announced that they have agreed to acquire Zuber Issa’s shares in Asda. Mohsin Issa remains a co-owner in Asda alongside TDR Capital.
Blackburn Issa brothers to split as Asda share sale announced - BBC
Jun 8, 2024 · Businessman Zuber Issa has sold his stake in Asda to the supermarket chain's private equity backer. The sale brings TDR Capital's share in the supermarket group to 67.5%, while 22.5% is still...
Asda leadership update
Sep 17, 2024 · Asda has announced that Mohsin Issa is stepping back from his executive leadership role to focus on his previously announced role as sole CEO of EG Group. Stuart Rose will assume Mohsin’s executive responsibilities alongside Rob Hattrell and Asda’s highly experienced leadership team.
UK Tycoon Mohsin Issa Steps Aside From Running Supermarket …
Petrol station entrepreneur Mohsin Issa has stepped aside from his executive role at Asda, the struggling British supermarket that he bought alongside his brother and private equity firm TDR Capital three years ago.