Montag, 22. Juli 2024
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Global Industry: EG Group agrees sale of remaining UK forecourt business

Bremerhaven. (bm) British EG Group has confirmed that it has agreed to sell its remaining UK forecourt business and certain standalone foodservice locations for a headline consideration of GBP 228 million to co-founder Zuber Issa. On completion of the transaction, Zuber Issa will step down as Co-CEO of EG Group, with Mohsin Issa continuing to lead the business as sole CEO. Zuber will retain his existing shareholding in the company and remain on the Board as a Non-Executive Director. Other topics of the week: