co-op

FB Roundup: Mohsin and Zuber Issa, Mackenzie Scott, Gordon Moore

March 28, 2023

In this week’s FB Roundup, the Issa brothers explore an £8 billion takeover of the Subway fast-food chain; MacKenzie Scott launches a $250 million ‘open call’ for non-profits in need of funding; and tributes are paid to Intel co-founder Gordon Moore.

Issa brothers explore £8 billion takeover of Subway fast-food chain
Mohsin and Zuber Issa, the billionaire brothers who own a majority stake in UK supermarket giant Asda, are exploring an £8 billion takeover of the American fast food chain Subway.

FB ROUNDUP: Mohsin and Zuber Issa, Hans and Julia Rausing, Julian Robertson

August 31, 2022

In this week’s FB Roundup, the billionaire Issa brothers purchase Co-op’s petrol stations; Hans and Julia Rausing donate to save historic ‘Harry Potter’ cloister; and hedge fund billionaire and philanthropist Julian Robertson passes away at the age of 90.

Billionaire Issa brothers purchase Co-op’s petrol stations for up to £600 million
Mohsin and Zuber Issa, the billionaire brothers who own a majority stakeholder in UK supermarket giant Asda, have agreed to buy the Co-op group’s petrol stations in a deal worth up to £600 million.

The British-Indian siblings, who made their fortune co-founding the Euro Garages chain of petrol filling stations, saw off a number of rival bids to finalise the deal.

Family business roundup: 21st Century Fox, Fiat, Bestway

July 18, 2014

Murdoch merger rebuffed by Time Warner; Family-owned Fiat denies Volkswagen takeover bid and Bestway buy Co-op pharmacy in multi-million pound deal

Murdoch merger rebuffed by Time Warner

Rupert Murdoch’s 21st Century Fox has had an $80 billion (€59.1 billion) merger deal rejected by US rival Time Warner.