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EG Group

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  • Thursday, 25 February, 2021
    EG Group to raise extra $1.8bn debt to buy Asda petrol stations

    Fresh financing will add to the highly leveraged group’s existing $9bn debt pile

  • Friday, 12 February, 2021
    Due Diligence
    Debt markets: pandemic? What pandemic? Premium

    The wall of money chasing yield is reshaping the corporate world

  • Thursday, 11 February, 2021
    High yield bonds
    Billionaire Asda buyers raise £2.75bn in record sterling junk bond sale

    ‘Blowout deal’ garners strong demand as debt investors hunt for returns

  • Thursday, 4 February, 2021
    Due Diligence
    Private equity: how to buy a £6.8bn company for less than £800m Premium

    The billionaire Issa brothers’ leveraged buyout of supermarket chain Asda is a lesson in debt-fuelled dealmaking

  • Thursday, 4 February, 2021
    Billionaire Asda buyers to stump up less than £800m to clinch £6.8bn takeover

    Deal fronted by Mohsin and Zuber Issa will be largely funded by asset disposals and debt deals

  • Wednesday, 3 February, 2021
    ASDA Group Ltd
    Asda’s buyers to sell off assets to fund £6.8bn deal

    New owners plan to sell supermarket’s petrol stations to themselves and raise £3.5bn in debt

  • Thursday, 21 January, 2021
    Stuart Rose appointed EG Group chair

    Retail veteran brought in to improve governance at UK petrol stations group

  • Thursday, 24 December, 2020
    Due Diligence
    Private equity and hedge funds: an especially wild year in review Premium

    Needless to say, it’s been a mad year in the realm of alternative investments

  • Friday, 13 November, 2020
    EG Group’s owners cash out ahead of £6.8bn Asda deal

    Preference shares sale could help fund buyout of UK supermarket chain

  • Promoted Content
  • Wednesday, 28 October, 2020
    Asda buyers’ petrol stations business hit by Moody’s downgrade

    Governance issues at EG Group and high debt levels spark concerns

  • Friday, 23 October, 2020
    ASDA Group Ltd
    Buying Asda: how petrol station billionaires plan to pull off the deal

    Issa brothers and TDR must win over investors for £6.8bn grocery takeover after auditor resigned

  • Thursday, 15 October, 2020
    Corporate bonds
    EG Group’s bonds fall after auditor’s abrupt resignation

    Petrol station company’s owners recently agreed £6.8bn takeover of UK grocer Asda

  • Friday, 2 October, 2020
    ASDA Group Ltd
    Walmart sells majority stake in Asda

    Deal with Issa brothers and TDR Capital values UK supermarket group at £6.8bn

  • Wednesday, 30 September, 2020
    ASDA Group Ltd
    Petrol station billionaires go shopping for Asda

    EG Group founders the Issa brothers are preferred bidders for UK supermarket

  • Monday, 28 September, 2020
    ASDA Group Ltd
    Petrol station tycoons are preferred bidders for Asda

    Consortium of Issa brothers and TDR beat Apollo to advanced talks for UK supermarket

  • Thursday, 31 October, 2019
    News in-depthLeveraged loans
    Hot debt markets fuel growth of UK petrol pump empire

    EG Group has grown into a behemoth of Europe’s leveraged loan and junk bond markets

  • Friday, 2 November, 2018
    Entrepreneurship
    Petrol station empire wins top award

    EG Group’s Mohsin and Zuber Issa are EY UK entrepreneurs of the year

  • Wednesday, 5 October, 2016
    Retail & Consumer industry
    UK petrol stations motor into Europe

    TDR Capital’s merger of Euro Garages and EFR will create group with €6bn sales

  • Tuesday, 20 January, 2015
    Retail sector
    Convenience shopping boosts Euro Garages

    Sales at fast-growing petrol station operator rise 50%

  • Tuesday, 5 February, 2013
    Energy sector
    Euro Garages buys 45 Esso petrol stations
  • Wednesday, 30 November, 2011
    Retail sector
    Starbucks reveals UK expansion plans
  • Tuesday, 2 August, 2011
    Retail sector
    Euro Garages raises £110m for expansion
  • Sunday, 9 January, 2011
    Private equity
    Ex-Asda chief turns focus to smaller retailers
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