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New Deal


Announced

Completed

TDR Capital-backed Asda Group completed the acquisition of UK and Ireland operations from EG Group for £2.07bn.

Financials

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Transaction Value£2,070m
Consideration TypeLoan Notes, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Single Bidder

Friendly

Ireland

Acquisition

gas stations

Majority

Private Equity

United Kingdom

Cross Border

Completed

Specialty Retailers

Synopsis

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TDR Capital-backed Asda Group, a supermarket chain, completed the acquisition of UK and Ireland operations from EG Group, a retailer which operates filling stations, convenience stores and fast-food restaurants, for £2.07bn ($2.5bn). “This is a great day for Asda and for millions of UK consumers. Asda is a much-loved brand that is instantly recognised for great value. I could not be more proud or excited that the iconic Asda sign is now coming to hundreds more communities," Mohsin Issa, Asda Co-Owner.

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