TDR Capital Takes Majority Ownership as Mohsin Issa Remains with 22.5% Stake in Asda

Friday, 7 June 2024, 20:50
In a surprising turn of events, the billionaire brothers who acquired Asda are now splitting ways due to a family feud. TDR Capital has emerged as the majority owner of Asda, while Mohsin Issa retains a significant 22.5% stake in the retail giant. This shake-up in ownership marks a significant transition for one of the UK's leading supermarket chains.
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TDR Capital Takes Majority Ownership as Mohsin Issa Remains with 22.5% Stake in Asda

Billionaire brothers' split impacts Asda ownership

In a twist of fate, TDR Capital asserts majority control over Asda, leading to a rift between the billionaire siblings.

Mohsin Issa holds onto significant stake

Mohsin Issa retains a 22.5% share in Asda, highlighting a complex restructuring of ownership.

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