Retail boss Stuart Rose warns of 'unintended consequences' of food price caps
Asda chairman Lord Rose, who also ran Marks and Spencer, warned of the ‘unintended consequences’ of ‘relatively clumsy things’.
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Asda chairman Lord Rose, who also ran Marks and Spencer, warned of the ‘unintended consequences’ of ‘relatively clumsy things’.
Mohsin Issa will continue to lead business, while Asda will begin search for new group chief executive
The £2.3bn takeover combines two businesses that are both already owned by the billionaire Issa brothers.
Asda has bought EG Group's UK and Irish operations for £2.27 billion, it said on Tuesday, bringing another 350 petrol stations into its portfolio.
Asda has bought its sister business EG Group’s UK and Irish operations for £2.27bn, it said on Tuesday, bringing another 350 petrol stations into its portfolio.