EG Group has announced a significant increase in its quarterly profits, primarily driven by its grocery division.In the third quarter of 2024, EG Group’s underlying EBITDA…
Browsing: Zuber Issa
EG Group reports a significant rise in profits thanks to its grocery division.Profits for the third quarter saw an 8% increase in EBITDA, reaching $300 million.Grocery…
Mohsin Issa steps back from Asda to prioritize his role at EG Group amid declining sales.Mohsin Issa shifts focus to EG Group, leaving Lord Rose to…
UK’s private equity firm TDR Capital secures majority ownership of Asda, significantly shifting the supermarket’s ownership dynamics.TDR Capital’s acquisition of Zuber Issa’s 22.5% stake increases their…
Questions have arisen regarding Asda owners’ ability to support consumers amid rising costs.MPs have expressed concerns about Asda’s complex corporate framework affecting its consumer support capabilities.The…