TDR acquires a majority stake in Asda as the Issa brothers split the empire

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Zuber Issa, who co-owns Asda with his brother Mohsin, has agreed to sell his stake in the British supermarket chain to co-owner TDR Capital in a deal that will see the private equity firm become … Read more