Asda co-owner Mohsin Issa to step back from running supermarket
WEBSep 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.
Asda billionaire boss Issa: 'I've not done bad' - BBC News
WEBMar 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 steps back as hunt for CEO continues
WEBSep 18, 2024 · Asda has revealed that co-owner Mohsin Issa is to step down from his executive role at the supermarket and will hand over the reins to chairman Lord Stuart Rose and the management team.
Asda co-owner Mohsin Issa steps back as hunt for CEO continues
WEBSep 18, 2024 · Asda co-owner Mohsin Issa has confirmed he will step down from running the supermarket and will hand over the reins to chairman Lord Stuart Rose and the management team.
Troubled Asda ‘back to square one’ in search for new chief after Mohsin …
WEBCity sources have said Asda is “back to square one” in its effort to replace Mohsin Issa despite the offer of a multimillion-pound contract.
TDR to acquire majority stake in Asda as Issa brothers split empire
WEBJun 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...
Blackburn Issa brothers to split as Asda share sale announced - BBC
WEBJun 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...
Billionaire Issa brothers split up as Asda takeover announced
WEBJun 7, 2024 · Mohsin Issa will remain a co-owner of Asda alongside TDR Capital. The move means that the private equity giant now has a stake of 67.5 per cent in the supermarket while Mohsin Issa will...
TDR Capital becomes majority Asda owner by buying out Zuber Issa | News ...
WEBJun 7, 2024 · TDR Capital has agreed to increase its stake in Asda to become majority owner after buying out the shares owned by Zuber Issa. The private equity giant invested in Asda alongside the Issa brothers in June 2021, when together they took majority ownership of …
TDR Capital to become majority owner of Asda
WEBJun 7, 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.