The Issa brothers' Asda takeover is the deal of the century – on paper - The Telegraph


4/20/2022 12:00:00 AM3 yearsago

TDR, the fund that backed the buyout alongside the two billionaires, has valued its stake at 20 times the amount it put in

The billionaire Issa brothers have been unequivocal about their ambition for Asda to become the countrys second largest supermarket chain, following years of jostling with Sainsburys for the spot.  … [+3059 chars]

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