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The billionaire Issa brothers are facing a looming deadline to repay a $41m (£30m) loan that they took out to fund their ...
Zuber Issa, the billionaire entrepreneur who co-led the £6.8 billion acquisition of Asda in 2021, has completed a strategic investment in Duckhams, the iconic British oil brand.
Brothers Zuber (left) and Mohsin Issa set up EG Group in 2001 with a single-site petrol station in Bury, Manchester EG Group co-founder Mohsin Issa is stepping down from his role as CEO. Issa, who ...
After founding it in 2001, Mohsin and Zuber previously operated as co-chief executives of the petrol station chain. They had also worked together as co-chiefs of Asda after agreeing to buy it with ...
In a trading update for the third quarter of 2024, representing the three months to September 30, 2024, Mohsin Issa, co-founder and CEO of EG Group, said: “The third quarter of 2024 saw another ...
The Issa brothers are among the North West’s greatest business success stories. Blackburn-born brothers Mohsin and Zuber Issa founded Euro Garages (later EG Group) and grew the business from one ...
However, a source close to the brothers said: “Mohsin is leading the investment, and Zuber will be joining him.” Zuber Issa sold a 22.5pc stake in Asda to its private equity backers, TDR ...
Brothers Zuber and Mohsin Issa bought Asda from Walmart in 2020, ... The brothers holding trophies at an awards ceremony in London in 2018, which saw them named EY Entrepreneur of the Year.
Petrol station entrepreneur Mohsin Issa has stepped aside from his executive role at Asda, ... The decision comes after TDR acquired the 22.5% Asda stake held by Zuber Issa, Mohsin’s brother, ...
It was confirmed on Friday that Zuber Issa would be stepping away from Asda and selling his 22.5% stake to co-owner TDR Capital. The move comes after months of speculation and tawdry tales of a ...
Billionaires Zuber and Mohsin Issa bought Asda from Walmart for £6.8bn in 2020 in a deal with the backing of TDR capital. The brothers own petrol forecourt and filling station company EG Group, ...
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