Announced
Completed
Financials
Tags
Private
Single Bidder
Friendly
Ireland
Acquisition
gas stations
Majority
Private Equity
United Kingdom
Cross Border
Completed
Specialty Retailers
Synopsis
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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