The Issa brothers have been cleared to takeover Asda by the competition watchdog.
The brothers and TDR Capital completed the £6.8bn deal in February but were unable to take control until the Competition and Markets Authority had ruled on the union.
The regulator had concerns that the deal would lead to higher petrol prices after the new Asda owners revealed that they would be financing the takeover with the transfer of its petrol stations to EG Group, the Issas’ forecourts empire.
Yesterday the CMA accepted a plan by the Issas and TDR to sell-off 27 Asda forecourts.
