Asda finalising £10bn merger with EG Group – reports


he owners of Asda will announce a £10 billion tie-up of the supermarket with their petrol station empire on Friday, according to a report.

Sky News said that the billionaire Issa Brothers are planning to combine the UK arm of EG Group, a company which they founded, with Asda, which they bought in 2020 for £6.8 billion.

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