Issa brothers consider £13bn flotation of EG group in the US

Dec 30, 2024 · In the UK, much of EG Group’s presence was sold to Asda for £2 billion last year. Zuber Issa subsequently sold his 22.5% stake in Asda, using the proceeds to take ownership …

5%
OFF

Issa Brothers Consider £13bn Flotation Of EG Group In The US

1 week from now

Dec 30, 2024 · In the UK, much of EG Group’s presence was sold to Asda for £2 billion last year. Zuber Issa subsequently sold his 22.5% stake in Asda, using the proceeds to take ownership …

bmmagazine.co.uk

£13
OFF

Issa Brothers Line Up £13bn Float For EG Group In America

1 week from now

It will be another blow for the City of London if the petrol station empire lists in the United States

thetimes.com

$13
OFF

Billionaire Issa Brothers’ EG Group Readies $13bn US IPO

1 week from now

5 days ago · Zuber Issa, who co-founded EG with his brother Mohsin but stepped back from management last year, told the Sunday Times newspaper that “the road map is starting now” …

ft.com

£11
OFF

Issa Brothers Plot £11bn Float For EG Group - Grocerygazette.co.uk

1 week from now

Dec 30, 2024 · The Issa’s have led a debt-fuelled expansion of the group in recent years, having acquired 800 convenience stores from US retailer Kroger in 2018 for £1.7bn. While the …

grocerygazette.co.uk

£13
OFF

Issa Brothers To Shun City With £13bn Float In US - PressReader

1 week from now

Dec 29, 2024 · THE billionaire Issa brothers are plotting to float their petrol station empire in the US for as much as £13bn, dealing a fresh blow to the London Stock Exchange. EG Group is …

pressreader.com

£13
OFF

Issa Brothers Prepare To Shun London With £13bn Float - Yahoo …

1 week from now

Dec 29, 2024 · The billionaire Issa brothers are plotting to float their petrol station empire in the US for as much as £13bn, dealing a fresh blow to the London Stock Exchange. ... the …

yahoo.com

£13
OFF

EG Group: From A Bury Service Station To A £13bn IPO

1 week from now

3 days ago · Currently, TDR and the Issa brothers each own roughly 50 per cent of EG Group. TDR Group denied that the launch was “shareholder driven” and told the Financial Times that …

diamondridgeai.com

£13
OFF

Issa Brothers Consider £13bn Flotation Of EG Group In The US

1 week from now

Dec 30, 2024 · Britain’s petrol station tycoons, Mohsin and Zuber Issa, are weighing up a potential £13 billion listing of their forecourt empire, EG Group, on an American stock market. The move …

groovytrades.com

£13
OFF

Issa Brothers Consider £13bn Flotation Of EG Group In The US

1 week from now

moneyhuntersreports.com

5%
OFF

Issa Brothers Consider PS13bn Floatation Of EG Group In The US

1 week from now

Asda bought a large part of EG Group in the UK for PS2 billion. Zuber Issa sold his 22,5% stake in Asda and used the proceeds to purchase the UK forecourts. He also established a new …

finvestly.com

£13
OFF

Issa Brothers Consider £13bn Flotation Of EG Group In The US

1 week from now

Dec 31, 2024 · The Issa brothers plan to float their petrol station empire, EG Group, in the US at a potential £13bn valuation. Read more: Issa brothers consider £13bn flotation of EG group in …

thebusinesseconomic.com

FAQs about Issa brothers consider £13bn flotation of EG group in the US Coupon?

Are the Issa brothers planning to float a petrol station in the UK?

Notably, this no longer includes any sites in the UK. The billionaire Issa brothers are plotting to float their petrol station empire in the US for as much as £13bn, dealing a fresh blow to the London Stock Exchange. ...

Will Mohsin & Zuber Issa float their petrol station Empire?

The billionaire Issa brothers are plotting to float their petrol station empire in the US for as much as £13bn, dealing a fresh blow to the London Stock Exchange. EG Group is lining up banks for a potential listing in 2025, paving the way for Mohsin and Zuber Issa to cash in alongside their private equity backers, TDR Capital. ...

Will EG Group float in the US?

Despite the brothers’ roots in Blackburn, it is understood bosses are leaning heavily towards a prospective float in the US given it is now the company’s single largest market. The deal, which is still in its early stages, could land EG Group an estimated valuation of around £13bn, 13 times its underlying earnings of £1.1bn last year. ...

Will EG Group float in 2025?

EG Group is lining up banks for a potential listing in 2025, paving the way for Mohsin and Zuber Issa to cash in alongside their private equity backers, TDR Capital. Despite the brothers’ roots in Blackburn, it is understood bosses are leaning heavily towards a prospective float in the US given it is now the company’s single largest market. ...

Will Mohsin & Zuber Issa list EG Group on US stock market?

Britain’s petrol station tycoons, Mohsin and Zuber Issa, are weighing up a potential £13 billion listing of their forecourt empire, EG Group, on an American stock market. The move would mark another blow for the London Stock Exchange, which has been hit by a raft of high-profile companies choosing to float abroad. ...

Are Mohsin Issa and EG Group in a falling-out?

Although reports have circulated about tensions between the brothers, Mohsin Issa, 53, refuted rumours of a falling-out. Despite diminishing UK interests—EG Group still owns the Cooplands bakery chain and a Starbucks franchise—it has built a sizeable American network across 30 states. ...