Asda completes £2.07bn EG Group deal
Asda has completed the £2.07bn acquisition of EG Group's UK and Ireland fuel, foodservice, grocery and merchandise business.
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Asda has completed the £2.07bn acquisition of EG Group's UK and Ireland fuel, foodservice, grocery and merchandise business.
The Waterside offices in Blackburn, UK, will remain as the global headquarters and shared service centre for the Group.
Asda, Britain's third biggest supermarket group, said on Tuesday it has completed the acquisition of the majority of EG Group’s UK & Ireland business for an enterprise value of 2.07 billion pounds...
Asda has vowed to lower prices for shoppers as its billionaire owners said they were raising up to $500m (£412m) to help pay down their petrol station empire’s debt pile.
Asda said it has completed the acquisition of the majority of EG Group’s UK & Ireland business for an enterprise value of £2.07 billion.