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Lee Petts
Lee Petts@leepfwd·
@BBCNews Didn't EG buy ASDA for £6.8 billion a few years ago? Have the Issa brothers effectively just sold their own business to themselves here? 🤔 Or have they essentially ceded ownership of a majority of their business to TDR Capital that's been bankrolling EG?
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Debbie Laughton
Debbie Laughton@DebLaughton·
@BBCNews Breaking: the same people who own ASDA also owned EG… they merged to two so ASDA’s books will mop up the EG debt. Lazy headline @BBCNews
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Brian Ernest Alfred Robertson
Brian Ernest Alfred Robertson@twosugarswimilk·
@BBCNews It’s just financial runaround’s . Selling a company to a different one owned by same people. No benefit to customers or employees just profiteering or tax issues
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Lord Huntinghamshire
Lord Huntinghamshire@huntinghamshire·
@BBCNews But I thought petrol and diesel’s will be gone in a few years? I guess they know something we don’t.
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Chris L
Chris L@Chris1444L·
@BBCNews Asda's corporate HQ is Leeds so not only do they pay tax in the UK (keeping us alive via NHS) but theyre also British-Indian owned so the capital gets recirculated into the economy instead of sent overseas (keeping us working). I hope it goes well for them, & by them, i mean us.
GIF
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Slabbydab
Slabbydab@slabbydab·
@BBCNews They’ll get that money back in 2-3weeks with the money they make on overpriced fuel.
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Gabrielle Stubbs
Gabrielle Stubbs@gabystubbs1·
@BBCNews And we hear all these excuses that supermarkets make no money and are on tight margins due to competition - what a joke just look at the shareholder profits ! Massive profits on food and now they invest in another racket , fuel supplies
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Jamie
Jamie@cappilio·
@BBCNews Nothing Sus about them brothers doing that at all😜 where did they make their fortune again? Oh right yes the very same place
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Colette Gregory
Colette Gregory@ColetteGregory5·
@BBCNews @BBCLancashire So the fuel cartel within Hyndburn and Blackburn will remain.. £143.9 per litre unleaded in Hyndburn (Asda). £138.9 per litre in Haslingden and Burnley (Tesco). I know where I’ll be filling up.
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Wellesley
Wellesley@Wellesl87808982·
@BBCNews Can’t work out whether this is just clever, clever business by the Issa’s or someone, somewhere is getting stiffed
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Dave Whiteside 🇪🇺
Dave Whiteside 🇪🇺@_RaTTuS_·
@BBCNews Wait! don't EG already own ASDA and had to split some petrol parts off when they bought ADSA off walmart
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Hiba Abdul
Hiba Abdul@HibaAbdul634223·
@BBCNews Welcome Asda! Now we can have a cheaper fair petrol! Really respect all your administration, staff and clear it’s a mutual respect
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Mitch
Mitch@Ohlookafood·
@BBCNews One way to squirrel away those profits I suppose
GIF
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MMH
MMH@ribini·
@BBCNews All money making scam. Getting eyewash. Regarding Asda quality and management getting worse day by day since acquired by these brothers. Prices are higher now.
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romberuux
romberuux@RombeRuux·
@BBCNews Issa brothers taking over not taking part.
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