Asda, the UK grocer owned by billionaire brothers Mohsin and Zuber Issa, has agreed to buy the gas station business of The Co-operative Group in a deal valued at around £600 million as it expands into Britain’s convenience retailing sector.
Asda Strikes £600 Million Deal to Buy Co-op's UK Gas Station Business
Deal Includes 129 Petrol Forecourt Sites Representing 5% of Co-op’s Retail Estate
By Sharon Smyth
CoStar News
August 31, 2022 | 8:52 AM
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IN THIS ARTICLE
- Companies
- ASDA
Retailer