direct to your inboxEarlier this year, the news was announced that Manchester billionaire duo Mohsin and Zuber Issa had bought Asda from Walmart in a landmark £6.8bn deal.The deal, which put the supermarket back in majority British ownership for the first time in over 20 years, was confirmed after an offer from a consortium of Zuber and Mohsin Issa and private equity firm TDR Capital.But today The Competition and Markets Authority (CMA) said it has launched a Phase 1 investigation into Bellis Acquisition Company 3 Limited's proposed purchase of Asda Group Limited.This is the company owned by Mohsin and Zuber Issa, who also own the Euro Garages chain.It said the probe will look into what impact the merger could have on competition and prices.
Read more on manchestereveningnews.co.uk
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.