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Asda petrol stations across the UK set for huge changes in £750m shake-up

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manchestereveningnews.co.uk

direct to your inboxSupermarket giant Asda's petrol stations could soon see huge changes under new ownership - if agreed by the regulators.Asda stores are now back in British ownership for the first time in years following a £6.8billion deal last year.Now billionaire petrol station tycoons, the Issa brothers, have agreed to buy Asda's forecourts in a deal worth £750million.The move comes just months after the Euro Garages (EG) group - owned by Mohsin and Zuber Issa - and private equity firm TDR Capital, secured a £6.8billion deal to take control of the supermarket's 631 stores.EG, which operates more than 6,000 forecourts globally, said it expects the petrol station takeover to close in the second quarter, assuming the acquisition of Asda.

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