Leon’s Financial Woes Deepen with £19.5m Loss under New Ownership Business 30 September 2024 The renowned restaurant chain, Leon, has encountered significant financial challenges, reporting a pre-tax loss of £19.5m under its recent ownership.…
Asda’s Challenges and Potential Post-Buyout Retail 18 September 2024 The performance of Asda post its buyout by TDR Capital and the Issa brothers is under scrutiny.Judith McKenna, ex-head of…
MPs Question Asda Ownership on Cost-of-Living Support Retail 4 September 2023 The ownership of Asda faces scrutiny from MPs over cost-of-living concerns, highlighting potential organisational constraints.MPs have raised questions about Asda’s…
Asda in £500m Property Sale Talks Retail 31 August 2023 Asda’s owners, Mohsin and Zuber Issa, engage in talks to sell part of their property portfolio, valued at approximately £500m.The…
Issa brothers divest 63 US EG Group stores to reduce debts Retail 16 August 2023 The Issa brothers have sold 63 US convenience stores to reduce EG Group’s debt.These stores, located in Kentucky and Tennessee,…
