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The Latest Breaking News from Mohsin Issa

Asda purchases Co-op petrol stations in multi-million pound investment deal

The supermarket chain reached an agreement to purchase 132 sites from the retailer for £60million.

Daily Record

Co-op to sell petrol forecourt business to rival Asda for £600m

Company says money from deal will be used to cut debt and reinvested in its ‘core convenience’ business

The Guardian - UK

Billionaire Issa brothers agree £600m deal for Asda to buy Co-op petrol stations

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

Manchester Evening News

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Asda confirms plan to buy 132 sites from The Co-op including stores and development sites

The deal was announced on Wednesday, August 31

Nottingham Post

Co-op agrees to sell 129-strong petrol forecourt chain to Asda for £600m

The Co-op said that offloading its petrol forecourts will allow it to focus on its convenience business

Birmingham Post

Asda boss sends message to shoppers struggling with cost of living crisis

"We are determined to do all we can to support these customers during these tough times"

Manchester Evening News

British households £160 worse off in July than a year ago, says Asda

Retail chain pledges to do more to help consumers hit by cost of living crisis

The Guardian - UK

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Planning row over billionaire Issa brothers' 'five ugly sisters' mansions

Residents have hit out after the family sought authorisation for changes made to imposed conditions

Manchester Evening News

Asda boss warns of the "stark reality facing millions" amid the Cost Of Living crisis

Asda saw a drop 9% drop so far this year

Chronicle Live

Asda bosses warn of 'stark challenges' facing customers who are £40 a week worse off

The supermarket saw a 9% drop in sales this year

Wales Online

Asda billionaire brothers buy hundreds of service stations

Zuber and Mohsin Issa are reportedly looking at buying Boots

Liverpool Echo

Asda-owning billionaire Issa brothers complete deal for hundreds of service stations

The brothers are also reported to be in talks to sell EG Group for £13bn to fund a deal to buy Boots

Manchester Evening News

Issa brothers complete €485m deal to buy almost 300 petrol stations in Germany

The deal was first agreed in December 2020

Birmingham Post

Supermarket giants Asda and Morrisons launch price war amid cost of living crisis

Major supermarkets Asda and Morrisons have begun cutting prices, with Asda cutting prices by 12% on average, while Waitrose has launched an advert campaign for its own lower-price goods

Daily Mirror

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Daily Record

Asda staff secure wage rise as supermarket giant slashes cost of staple items

The GMB union has campaigned for a rise in wages from £9.66 an hour to £10.10 for those working in stores across the country.

Daily Record

Asda to cut prices of more than 100 items including tea bags and cheese

It comes as retailers reported a 3.3% increase in food inflation last month, which is expected to rise further.

Liverpool Echo

Asda changes price of over 100 products including tea bags, rice and cheese

The supermarket giant is axing its Smart Price range and replacing it with Just Essentials by Asda

Birmingham Post

Asda to invest more than £73m to cut prices and increase hourly pay

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

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news in one place.

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Birmingham Post

More than 32,000 jobs to be created by group owned by billionaire Issa brothers

EG Group includes brands such as Euro Garages, Cooplands and LEON

Glasgow Live

Asda issues urgent message to shoppers who buy their Smart Price range

Asda have confirmed that bigger and better things are coming for the retailer with the supermarket chain set to replace its Smart Price range with something that shoppers can actually benefit from and get more out of.

Daily Record

Asda to axe Smart Price as it announces plans to shake-up budget friendly range

It will be the 'largest ever budget-friendly essentials range' that will help shoppers combat rising costs.

Chronicle Live

ASDA announces it has axed its Smart Price range in product shake-up

The supermarket giant confirmed its Smart Price range will be axed and replaced with its new Just Essentials by Asda products

Manchester Evening News

ASDA replaces its Smart Price range

The supermarket giant is replacing its budget Smart Price lines in every single supermarket in the UK

The Guardian - UK

Asda faces legal wrangle with Waitrose after investing £45m in budget range

The cut-price range comes after the retailer was criticised over shortages of its cheapest items

Liverpool Echo

Asda set to axe Smart Price range in huge shake up

It comes as the grocer saw growth slow due to customers returning to pre-pandemic habit

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