EG Group reported a notable increase in profits this quarter, reflecting strong performance in key divisions.Underlying EBITDA for the third quarter rose 8% to $300 million.The…
Mohsin Issa, co-owner of Asda, has launched a fund to invest in UK start-ups.The new fund, Boulder Investco, is based offshore in Jersey.Boulder Investco has invested…
Renowned entrepreneur Mohsin Issa, co-owner of Asda, has taken a significant step by launching a private investment fund. This initiative aims to support fast-expanding UK start-ups…
Applied Nutrition’s IPO raises £157.5m, offering a boost to the LSE.The IPO price was set at 140p per share, near the lower range.112.5 million shares sold…
Mohsin Issa, ex-CEO of Asda, invests £10m in Applied Nutrition, marking his first significant business move post-Asda.Through Boulder Investco Limited, Issa acquires new shares in the…
The forthcoming London IPO of Applied Nutrition is poised to raise up to £400 million, aimed at reviving the financial market.Liverpool-based energy drink company sets IPO…
Kristian Horabin, Asda’s managing director of commercial business, is set to depart the company, signaling a significant shift in its leadership team.Horabin joined Asda in June…
Asda undergoes a leadership transition as co-owner Mohsin Issa steps back.Lord Stuart Rose assumes operational control amid plunging market share.Rose brings extensive retail experience from roles…
Asda sees a significant leadership shake-up with Mohsin Issa stepping back, leaving Stuart Rose and Rob Hattrell in charge.The change follows performance concerns, with Rose admitting…
In a significant leadership shift, Asda co-owner Mohsin Issa has decided to step back from his daily operational duties at the supermarket chain.This strategic decision enables…
