Issa
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EG Group delays £3.4bn debt repayment
Sales of forecourt business and freeholds will reduce debt from $10bn to $5.4bn
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Asda assets sale used to fund EG merger
The £450m of “new equity” will come entirely from sales of Adsa properties
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Asda to merge with petrol station giant EG Group in £2.3bn deal
Tie-up will combine two businesses owned by the billionaire Issa brothers
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Issas close to £10bn Asda EG merger
A deal to combine the supermarket and forecourts business could be signed today
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Issa brothers plan £8bn Subway takeover
Despite calls to cut debt, the Issas’ EG Group is still looking to grow
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April completion for Asda and EG Group’s £12bn merger
The deal will burden Asda with more debt to create a 581-supermarket, 700-forecourt business
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Ministers could block Issa plan for £12bn merged business
The Issa brothers want to merge their Asda and forecourt businesses into a £12bn retail empire
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Issas could sell EG Group for $15bn
Advisers have been hired to examine sale of the 6,000-strong fuel station business