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The Latest Breaking News from Issa

Reliance Industries and Apollo Global Management in £5bn bid for Boots

Mukesh Ambani teams up with US private equity fund, with Walgreens expected to retain minority stake

The Guardian - UK

India's Apollo Global, Reliance Make a Binding Offer For UK's Boots: Bloomberg

Apollo Global Management Inc. (NYSE:APO) and Ambani's Reliance Industries Ltd. led consortium have made a binding offer for Walgreens Boots Alliance Inc.'s (NASDAQ:WBA) international arm, reported Bloomberg, citing people familiar with the matter. The source stated that the proposal values Boots at more than £5 billion ($6.3 billion). Walgreens is seeking a valuation of around £7…

Benzinga

Asda chair Lord Stuart Rose warns of 'desperate' customers buying less food as incomes fall

The supermarket giant is owned by the billionaire Issa brothers and TDR Capital

Birmingham Post

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Issa brothers missed out on rescuing McColl's, despite submitting higher offer

Timing of administration meant Morrisons was able to submit a bid with more preferable terms

Insider UK

Issa brothers missed out on rescuing McColl's despite submitting higher offer than winning £190m bid from Morrisons

PwC was officially appointed as administrators on May 9

Birmingham Post

Morrisons rescues convenience chain McColl's taking on all 16,000 staff

Final bids had been submitted by Morrisons and EG Group ahead of the Sunday deadline

Liverpool Echo

Morrisons confirms deal to rescue McColl's and save all 16,000 jobs

Final bids had been submitted by Morrisons and EG Group ahead of the Sunday deadline

Birmingham Post

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Morrisons sees off rival bid from billionaire Asda owner brothers to rescue McColl's

Final bids from both parties were submitted ahead of the 6pm deadline on Sunday

Liverpool Echo

All 16,000 McColl's jobs saved as Morrisons agrees rescue deal

A rival bid had been submitted by EG Group, which is owned by the billionaire Issa brothers

Manchester Evening News

Morrisons beats Asda owners to rescue McColl's

An initial offer had been rejected last week and the Issa brothers had made a rival bid

Insider UK

Morrisons beats Asda-owning billionaire Issa brothers to rescue McColl's and save all 16,000 jobs

An initial offer from Morrisons had been rejected last week

Birmingham Post

Morrisons set to win battle for bust McColl’s

Rival bids emerged over the weekend

Evening Standard

Asda's billionaire owners take on Morrisons with final offers for McColl's

The Issa brothers started out with a single petrol station in Bury

Manchester Evening News

Billionaire Issa brothers and Morrisons submit final bids for collapsed convenience retailer McColl's

The bids were submitted ahead of the 6pm deadline on Sunday

Birmingham Post

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Nottingham Post

Fears in Carlton potential closure of McColl's would have a 'big impact' on the high street

'It’s such a shame'

Liverpool Echo

Asda's owners swoop in with attempt to beat Morrisons to McColl's rescue deal

The Issa brothers have lodged a bid to acquire the convenience chain

Birmingham Post

Asda-owning billionaire Issa brothers attempting to beat Morrisons to McColl's deal after administration confirmed

PwC is intending to sell the business to a third party 'as soon as possible'

Birmingham Post

Castore signs deal with Welsh rugby union team Scarlets ahead of 150th anniversary season

Castore is backed by the likes of Sir Andy Murray and the Asda-owning billionaire Issa brothers

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Birmingham Post

Headquarters of Andy Murray and Issa brothers-backed sports fashion brand Castore sold

Castore relocated its head office from Liverpool to the building in 2021

The Guardian - UK

Asda co-owner claims value of stake has risen 20-fold as it readies Boots bid

London-based TDR Capital says investment in grocer is now worth £1.4bn on paper

Manchester Evening News

Councillors accused of breaching code over 'brown envelope' comment in Issa brothers planning row

It was while discussing an application by the property arm of Blackburn’s Issa brothers’ business empire.

Asharq Al-Awsat

MWL’s Issa Introduces Makkah Charter at Global Faith Forum

Mohammed al-Issa, Secretary-General of the Muslim World League (MWL) and chairman of the Association of Muslim Scholars, has affirmed that all people share a commitment to building a world where intolerance, discrimination and injustice have no place in the society. “We are striving to foster a more inclusive, equal world…

Birmingham Post

Andy Murray and Issa brothers-backed sportwear brand Castore signs up two-time Ryder Cup player Matt Fitzpatrick

The company already has deals with the likes of Adam Peaty, Owen Farrell and Jos Buttler

Daily Mirror

Asda planning huge fresh food shake up affecting 250 stores from April

Asda first confirmed that it would appoint 150 specialist greengrocers in stores across the UK - but this number is now expected to reach 250 shops, according to its owners, the Issa brothers

Asharq Al-Awsat

MWL Chief Meets Religious Leaders in Thailand

Secretary-General of the Muslim World League (MWL) Sheikh Mohammad bin Abdulkarim Al-Issa and an accompanying delegation visited the Kingdom of Thailand upon an official invitation from the Thai government. Religious leaders in Southeast Asia have praised the “fruitful” visit to Thailand by the MWL delegation. During the visit, Fatoni University…

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