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Issa brothers business merger could swell organisation value to more than £26 BILLION
29.11.2021 - 20:27 / manchestereveningnews.co.uk
The Issa brothers are considering merging Asda with their forecourt business EG Group in a move that would create a combined business estimated to be worth more than £26bn.
According to reports, the billionaire brothers, who started their empire with a single petrol station in Bury, are looking at a range of ‘strategic alternatives’ for EG Group.
Alongside TDR Capital, the Issa's agreed to a deal last year to acquire control of Asda worth an estimated £6.8 billion.
Read more: Family pay
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