(Bloomberg) -- A top private equity executive has defended the bosses of Asda from accusations that they are unfairly pushing up food and gas prices. “Mohsin and Zuber (Issa) in our view are two of ...

Asda co-owner Mohsin Issa has confirmed he will step down from running the supermarket and will hand over the reins to chairman Lord Stuart Rose and the management team. Asda said Mr Issa will this ...

Asda's owner has suffered from a loss near to £600 million last year, as sales at the grocer's group have reportedly fallen. Accounts filed by Bellis Finco documented the supermarket drop of £599 ...

Private equity firm TDR Capital is set to become the majority owner of British supermarket chain Asda, after acquiring co-owner Zuber Issa’s stake in the company. As FoodBev reported in April, Zuber ...

Asda “publishes its full accounts on its website, which colleagues, workers, suppliers, all stakeholders can access,” said Emma Gilks, deputy general counsel of TDR, arguing that the business is ...