Jumat, 02 Oktober 2020

Brothers from 'wrong side of Pennines' who took over Asda - The Times

About a fortnight ago one of the Issa brothers, the Blackburn-based petrol station tycoons, met a senior member of the local council and let slip that their consortium was the frontrunner to buy Asda.

“Zuber kind of mentioned that he thought they were in pole position to buy Asda and I was tempted to say ‘What, the one round the corner?’” Phil Riley, an executive member for growth and development on Blackburn with Darwen council, said.

The rags to riches story of the Issa brothers, two of Britain’s wealthiest businessmen, catches even those local leaders who have observed their rise at closer quarters by surprise.

When Walmart bought Asda for almost £7 billion in 1999, the Issa brothers, Mohsin, 49, and Zuber, 48, were working

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https://news.google.com/__i/rss/rd/articles/CBMiZGh0dHBzOi8vd3d3LnRoZXRpbWVzLmNvLnVrL2FydGljbGUvYnJvdGhlcnMtZnJvbS13cm9uZy1zaWRlLW9mLXBlbm5pbmVzLXdoby10b29rLW92ZXItYXNkYS1yNzhyOTV3N3bSAQA?oc=5

2020-10-02 23:01:00Z
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