A daring high-wire act: Inside the Asda buyout
FT News Briefing
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The Bold Asda Acquisition: Leveraging Debt for Expansion
This chapter explores the Issa brothers' strategic acquisition of UK supermarket chain Asda, using borrowed funds to enhance their gas station empire. It highlights their aggressive growth tactics and the role of TDR Capital in financing this ambitious purchase, capturing the mixed reactions from industry insiders.
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