The pair and TDR Capital acquire majority ownership stake in supermarket

Asda has been sold to two billionaire brothers from Blackburn and the private equity firm TDR Capital in a deal that values the supermarket chain at £6.8bn.

Asda, which is owned by the US retail giant Walmart, announced the sale to Mohsin and Zuber Issa, who made their fortunes running the EG Group petrol station group, and TDR.

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