ASDA ACQUISITION WINS DEAL OF THE MONTH

The £6.8bn takeover of Asda has been named as Deal of the Month for June. Euro Garages owners Mohsin and Zuber Issa, and investment funds managed by private equity firm TDR Capital, completed a deal to acquire the chain from US owner Walmart for an enterprise value of £6.8bn, on a debt-free and cash-free basis. […]