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Asda purchases EG Group’s UK and Ireland business

Date : 30 May 2023

Alex Rowberry

Senior Analyst

@fromIGD

Asda has announced its purchase of EG Group’s UK and Ireland business for an estimated enterprise value of £2.27 bn. The move, which had been rumoured for several months, consolidates two separate parts of the Issa brother’s business operations. Asda’s expansion into the convenience sector…

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