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Asda’s Issa brothers borrowed £5.6m from EG Group to repay private jet loans
Asda’s billionaire owners have borrowed millions of pounds from their petrol forecourt business to repay debt that was taken out to buy two private jets.
Asda’s Issa brothers still paying Walmart to use old IT systems
Asda owners the Issa brothers are still attempting to separate the supermarket’s IT systems from previous owner Walmart, three years after it snapped up the grocery chain.
Asda: Issa brothers admit errors in letter to MPs on its offshore ownership
Asda billionaire co-owners the Issa brothers have admitted providing inaccurate information to MPs about the intricate offshore ownership structure...
Issa brothers deny taking money out of Asda as they defend ownership structure
Asda co-owners the Issa brother have denied taking money out of the supermarket as the pair defended the the retailer's complex ownership structure...
Issa brothers offload dozens of US convenience stores to reduce debts
The billionaire owners of Asda and petrol forecourt giant EG Group have sold dozens of convenience stores in the US in a bid to combat its piling debt.
Issa brothers close to £650m Asda property sale
The billionaire Issa brothers are on the cusp of successfully selling off a piece of Asda's property portfolio to a US investor in a deal worth £650m....
Asda’s Issa Brothers plot £8bn takeover of Subway
Asda’s billionaire owners are said to be plotting an £8bn takeover of fast-food giant Subway.
Issa brothers close to merging Asda and EG petrol forecourts in £12bn deal
Asda's billionaire owners are racing to complete a massive merger of the supermarket chain and their UK petrol stations...
Issa brothers explore sale of Asda’s £8.6bn property estate to reduce debts
Asda’s billionaire owners have kicked off a review of the supermarket’s £8.6bn property estate in bid to combat its piling debt.
Issa Brothers sells EG Group’s US property for $1.5bn to reduce debts
Asda’s billionaire owners the Issa brothers have sold a fraction of its retail and petrol empire’s US property portfolio in a sale and leaseback deal worth $1.5bn.
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Why a reliable store systems support partner is a must for...
A reliable store systems support partner is one of the most important requirements for high street retailers
Every retailer has experienced the chaos that occurs...
