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Sunday 01 May 2022 10:47 am  |  Updated:  Sunday 01 May 2022 10:48 am

Issa brothers in talks to sell petrol station empire

By: City PM reporter

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The owners of Asda are in talks to offload their petrol forecourt business, according to a report in the Sunday Telegraph.

The Blackburn-based Issa brothers have been in discussions with a Canadian shopping giant, Couche-Tard.

The forecourt business has been remarkably successful for the Issa brothers and their firm, EG Group.

It is said to be valued in the region of £13bn. Reports suggest Asda is not part of the talks.

The EG Group also owns fast food chain Leon.

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Tesco fuel sales drag up slowing growth

Tesco shares have reacted positively to the retailer's latest update.

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