The Latest Breaking News from TDR Capital

The need to keep the buyout arithmetic on track has been a drag on performance, and neither deal was aimed at growth

GMB accuses owner TDR Capital of mismanagement as sales at supermarket fall 6%

Zuber Issa began talks earlier this year about selling his stake in Asda, and plans to step back as co-chief executive officer of EG Group

Billionaire Issa brothers borrowed $7m from EG Group in 2022 to repay debt taken on to buy jets

Zuber Issa reportedly in talks to offload 22.5% share of supermarket in parting of ways with co-owner brother

The co-owners of Asda, private equity firm TDR Capital, got a grilling before Parliament on Tuesday. They sought to convince the Business and Trade Committee that they were maximally transparent with the business — even though most of their activities are based in Jersey where they don’t have to disclose…

Blackburn’s Moshin and Zuber Issa took over the supermarket promising investment to make it the UK’s second-largest chain, but the pandemic and cost of living crisis meant it did not go to to plan

BusinessLive has taken a look at the deal in depth and what it could mean for each company and their customers

Mohsin and Zuber Issa started out with a single petrol station forecourt in Bury, Greater Manchester more than 20 years ago