More wheeling and dealing from the Lancs billionaires
The Issa brothers domination of the forecourt industry has grown further after Asda confirmed the completion of its approximately £600 million deal to buy the Co-op’s petrol forecourt business.
In August, the Co-op first revealed plans to sell its 132 petrol stations and attached convenience stores in a bid to bolster its finances. The Co-op said proceeds from the sale will be reinvested into its core convenience shops, pricing, stores operations and reducing its debt burden.The UK competition watchdog is expected to look into the acquisition.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Xbox boss says regulator concerns around Activision acquisition are fairPhil Spencer seems extremely chill about regulator scrutiny, despite the media burbling.
Read more »
'Frustrated' Dover residents catch 40 migrants running around estate and hiding in bushes after Channel crossing'Frustrated' residents in Dover have revealed around 40 migrants were caught running around their estate and hiding in bushes after crossing the Channel.
Read more »
Coat of wings flies around the worldThe coat, inspired by Sir Elton John, has been passed on to new owners at a series of gigs.
Read more »
This is where the city of Leeds ranks on the UK's top 10 Sunday roasts listThis is how Leeds’s roast dinners compare to other cities around the UK.
Read more »