Zuber Issa reportedly in talks to offload 22.5% share of supermarket in parting of ways with co-owner brother
The ownership team behind the indebted supermarket Asda could be about to change again after one of the billionaire Issa brothers was reported to be exploring the sale of his stake in the business.
Zuber Issa, 51, owns 22.5% of the grocer after a £6.8bn takeover alongside his older brother Mohsin and the private equity firm TDR Capital three years ago.
Continue reading…Zuber Issa reportedly in talks to offload 22.5% share of supermarket in parting of ways with co-owner brotherThe ownership team behind the indebted supermarket Asda could be about to change again after one of the billionaire Issa brothers was reported to be exploring the sale of his stake in the business.Zuber Issa, 51, owns 22.5% of the grocer after a £6.8bn takeover alongside his older brother Mohsin and the private equity firm TDR Capital three years ago. Continue reading…