UK's Asda to buy EG petrol stations unit in $2.9-bln deal

Asda to buy group founded by billionaire Issa brothers for over £2bn

Mohsin and Zuber Issa started out with a single petrol station forecourt in Bury, Greater Manchester more than 20 years ago

UK's Asda to buy EG petrol stations unit in $2.9-bln deal

British supermarket Asda said it would buy the bulk of petrol station operator EG Group's UK and Ireland business to speed up its move into the convenience sector, creating a company with combined revenue of nearly 30 billion pounds ($38 billion).

Asda confirms £10bn merger with petrol stations group EG

Mohsin Issa will continue to lead business, while Asda will begin search for new group chief executive

Billionaire Issa brothers merge Asda with EG Group UK in £2.27bn deal

ASDA has bought its sister business EG Group’s UK and Irish operations for £2.27bn.

Asda to buy petrol station giant for £2.3bn amid fuel price fears

Issa brothers to merge supermarket and EG Group in plan to pay down debts

Issa brothers' EG Group agrees sale of UK business to Asda for £2.27bn

Blackburn's billionaire Issa brothers' EG Group has today announced an agreement to sell to Asda the majority of its business for an enterprise…