Similar Stories to Billionaire Issa Brothers Face $1 Billion Asda Setback on Bing News

By Andrea Felsted | Bloomberg, Washington Post: Business
Mon, 10/25/2021 - 11:41pm

They can’t count on everything going their way amidst a U.K. supermarket frenzy.

Topics: u.k

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BING NEWS:

Issa brothers complete £3.2 billion refinancing deal to move Asda’s debt pile onto 2030
The supermarket giant has refinanced its huge debt pile into next decade.Following ‘strong demand’ from investors, Asda has managed to shift a large amount of its debt after a series of refinancing ...
05/3/2024 - 3:36 am | View Link
Interest rate cut bets rise as US job creation slows; FTSE 100 at record high – as it happened
Rolling coverage of the latest economic and financial news ...
05/3/2024 - 3:10 am | View Link
Issa brothers' Asda pushes debt worries into next decade after £3.2bn deal
Asda had net debt of £3.8 billion at the end of 2023, having built up the debt pile through its £6.8 billion takeover by the billionaire Issa brothers and private equity firm TDR Capital in 2021. As ...
05/2/2024 - 10:13 pm | View Link
Billionaire Investor Bill Ackman Has 100% of His $11 Billion Portfolio in Just 8 Stocks
Bill Ackman manages hedge fund Pershing Square with nearly $11 billion in assets under management. Ackman bets heavily on the resilience of the consumer, focusing on high-quality companies with ...
04/27/2024 - 4:50 pm | View Link
Asda boss claims owners 'in it for long-run' amid billionaire Issas' rift
Reports last week said Zuber Issa is seeking to sell ... position still stands at £3.8 billion, though Gleeson previously admitted to MPs that Asda would face an extra £30 million in interest ...
04/22/2024 - 12:59 pm | View Link
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