A new £6.8 billion landmark deal has been agreed to officially place ASDA into the ownership of billionaire Issa brothers from Blackburn.
The reported multi-billion deal will see the supermarket chain under British ownership after 20 years.
Previous American-owner Walmart has accepted an offer from a consortium of Zuber and Mohsin Issa – of EG Group – and private equity firm TDR Capital, which meaning the supermarket chain will be majority owned by UK firms for the first time since 1999.
Roger Burnley – Chief Executive Officer of ASDA – said: “This new ownership opens an exciting new chapter in ASDA’s long heritage of delivering great value for UK shoppers.
“With our combined investment, expertise and ambition, ASDA, Walmart, the Issa brothers and TDR have an incredible opportunity to accelerate our existing strategy and develop an even more exciting offer for our customers as well as strengthen our business for our colleagues.
“In a constantly changing retailing environment, our new ownership will further enhance our resilience, whilst creating significant, additional opportunities to drive growth.
“For ASDA colleagues, a strong and growing business is important for our long-term future.”
EG Group / Issa Brothers
Mohsin and Zuber Issa started out in a garage which their dad – who had worked in a woollen mill – bought and branched out on their own by first renting a petrol station for two years, then in 2001 buying their first forecourt – a derelict freehold site in Bury – and formed Euro Garages.
The EG Group now has almost 6,000 sites across 10 countries, from the UK to the US and Australia. It runs outlets for Greggs, Starbucks and KFC, and employs 44,000 people.
In 2017, the EG Group also bought 77 Little Chef roadside restaurants.
Speaking on the ASDA deal, Mohsin and Zuber Issa said: “We are very proud to be investing in ASDA, an iconic British business that we have admired for many years.
“ASDA customer-centric philosophy, focus on operational excellence and commitment to the communities in which it operates are the same values that we have built EG Group on [and ASDA’s] performance through the COVID-19 pandemic has demonstrated the fundamental strength and resilience of the business,
“We are excited to support Roger and his team as they continue to reposition the business to drive long-term growth.”
Zuber continued: “We grew [the EG Group] from nothing. We’ve been on the pumps, we’ve been stocking the shelves, cleaning the toilets. You do everything, and once you do the foundation work, it’s no different wherever you go in the world.
“It’s a petrol station – you’re selling fuel, you’re selling coffee, you’re selling convenience.”
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Salford Red Devils supporters group outline plans for the next major protest march
Danny Jones
Salford Red Devils supporters trust, The 1873, have outlined details of their next major march in protest over the club’s well-publicised ownership troubles and financial crisis.
The fan group, which has mobilised on multiple occasions already this year, is set to hit the streets once again this month and in larger numbers than ever, confirming another big demonstration before their next home game this weekend.
Sharing the update with fellow Red Devils on social media, 1837 leaders are demanding “truth and accountability from the top” ahead of the peaceful protest through Salford.
They have dubbed the event ‘The Last Rally’, but we can only assume there’ll be more fan action as the weeks and possibly months of uncertainty continue.
As you can see, The 1837 are calling for like-minded supporters to rally outside another nearby amateur rugby league football team, Salford City Roosters, before marching on to a second meeting point and, ultimately, the Salford Community Stadium.
Starting in Eccles, with a stop at Barley Farm, before arriving at their club’s home ground in Barton-upon-Irwell, the plan is to gather as much awareness, support and local attention as possible.
Writing in the caption of the above post, they added: “We’ve dominated headlines. We’ve exposed bad ownership. We’ve stood together.
“A history worth fighting for. A future worth protecting. Our last chance to be heard. Don’t stay silent. Make it count.”
Following a recent meeting of the RFL and the two Greater Manchester Mayors, Andy Burnham and Paul Dennett, Salford Red Devils were given somewhat of an even further stay of execution, as it was confirmed that their ‘winding up’/administration deadline has now been adjourned until October.
Nevertheless, the majority of fans are still being kept in the dark about the exact and up-to-date nature of their rugby league club’s situation at present.
Back in June, it looked like new investors could very well still be injecting vital funds to keep key players and staff on the books, but jump to now, and it looks like they don’t know if even things like the big screen even belong to them much longer.
Salford Red Devils aren’t just in debt – our very identity is up for grabs.
The badge. The name. Even the big screen. All signed off as collateral to financiers.
Once again, the march and peaceful protest will take place this Friday, 19 September, prior to the next fixture against Wakefield Trinity.
Getting points on the board will no doubt be a big plus for all, but the game looks like it will very much serve as the backdrop to the wider ongoing saga.
Are you a Red Devils fan, and if so, will you be attending the demonstration? Better still, even if not, what do you make of the circumstances surrounding your side at the moment?
Fantastic to see the fans turn out again, Salford Red Devils will never die 1873 👹🏉 pic.twitter.com/Gne5peQK6u
Baileys has collabed with Terry’s Chocolate Orange on the most festive tipple ever
Emily Sergeant
The Christmas countdown has officially begun, and there’s a new tipple on the scene to help celebrate.
That’s right – two of the UK’s most beloved treats, Baileys and Terry’s, has dropped the ultimate collaboration and it’s launching 100 days before the big day arrives, gearing up to be the Christmas tipple of choice for chocolate orange lovers.
Baileys x Terry’s Chocolate Orange is a limited-edition treat blending the distinctive taste of Baileys Original Irish Cream with flavours of chocolate and zesty orange.
It’s fair to say that Baileys and Terry’s Chocolate Orange are both beloved staples once the festive season rolls around, with each having taken on various different variations over the years, combining new flavour profiles to create delicious treats.
Baileys has collabed with Terry’s Chocolate Orange on the most festive tipple ever / Credit: Baileys & Tom Harrison
But surprisingly, this is the first time the two brands have come together for a one-of-a-kind collaboration.
This new collaboration between the two iconic Christmas brands is inspired by the season’s most quintessential flavours.
“For generations, Terry’s Chocolate Orange has been a staple of the Christmas season, so partnering with Baileys is an exciting way to reimagine that tradition in a new and indulgent form,” commented Lorène Decam, who is the Senior Marketing Manager at Terry’s.
“We can’t wait to see fans enjoying this irresistible treat in the run-up to and during the holidays.”
Rolling out nationwide from tomorrow (16 September), Baileys x Terry’s Chocolate Orange will come in 50cl bottles with a 17% ABV and will likely set shoppers back £11 each when they get it from leading retailers like Tesco, Sainsbury’s, Morrisons, Asda, and Co-op.
The Manc -
2nd October 2020 
