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ALPGF / Asda snaps up petrol and convenience store operator EG Group

Asda confirmed the acquisition of petrol and convenience store EG Group's UK and Irish business in a deal worth £2.3bn, creating a “consumer champion like the UK has never seen.” The UK grocer, owned by the Issa Brothers and private equity firm TDR Capital, will snap up 350 petrol-filling sites and over 1,000 food-to-go locations as part of the deal. Read More

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Posted: May 30 2023, 06:16

Author Name: Proactive Investors

ALPGF News

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