Asda buys EG Group UK for £2.3bn as it vows to be ‘consumer champion’
// Asda has bought EG Group’s UK and Irish operation for £2.27bn
// Lord Rose, who chairs both firms, said the deal created “a consumer champion like the UK has never seen”Asda has confirmed it has bought the UK operations of petrol station giant EG Group, which is also owned by the Issa brothers and TDR Capital, in a £2.27bn deal.
The grocer’s chair Lord Rose said the deal would create “a consumer champion like the UK has never seen”.
The de
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