Billionaire petrol station tycoons, the Issa brothers to buy supermarket giant Asda for £6.8billion

Billionaire petrol station tycoons, the Issa brothers, have confirmed plans to buy Asda for £6.8billion.

The deal means supermarket’s fuel arm will be sold to Euro Garages group for £750million while it will also take out £3.5billion in new debt to finance the acquisition.

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