Are the Issa Brothers about to split?
![](https://www.thebusinessdesk.com/_files/images/nov_21/EG-Group-Zuber-and-Mohsin-Issa-e1638292779242-500x333.jpg)
The billionaire Issa Brothers, founders of petrol forecourts business EG and recent highly leveraged acquirers of supermarket chain Asda appear to be on the verge of a split.
The younger of the two brothers Zuber, and the founder of Blackburn-headquartered EuroGarages, has been widely reported to be seeking a buyer for his 22.5% stake in Asda, which he secured after a £6.8bn private equity purchase backed by TDR Capital three years ago.
Media speculation has also focused on the breakdown of Mohsin’s marriage and a new relationship with a former tax partner from EY which has apparently “sent shockwaves” through the wider Issa family.
The Issas acquired Asda with £100m of cash, the same amount from TDR Capital, with the rest funded by the largest sterling corporate bond sale ever completed.
Sectors
![](https://www.thebusinessdesk.com/_files/images/may_20/Richard-Hughes-1-e1589956990600-300x200.jpg)
![](https://www.thebusinessdesk.com/_files/images/jul_24/JCF0350-300x200.jpg)
- People: Yodel; Champion Accountants; Proicere; Urban Splash; Aztec; Swift Cheshire
- People: Merrick; Integras Property Group; Northern Trust Land; Hydes; University of Salford Business School; FW Capital
- People: Adamsons; Bibby Financial Services; Fellwood Advisory; Greenbank; SpaMedica; Harrison Drury; Prosperity Law