Asda deal completes for Issa brothers and TDR Capital

FT - Zuber (left) & Mohsin Issa EG Group co-CEOs and founders

The acquisition of Asda by the founders and co-CEOs of the EG Group - Mohsin and Suber Issa - and investment funds managed by TDR Capital LLP, has been completed, according to a joint announcement today by all parties concerned including Walmart Inc and Asda Group Limited.

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