EG Group: building an empire on debt-fuelled growth | FT Big Deal

EG Group, run by the billionaire Issa brothers and a secretive private equity firm, has rapidly grown into a petrol stations empire with €20bn in annual revenues. As the FT’s Kaye Wiggins explains, the business has been built on debt, low interest rates and bold ambition. Last year its owners purchased Asda for £6.8bn, but with no experience in running a supermarket chain, what will they do with it?

► To learn more, visit our website –
► Watch more videos from this series here –
► Check out our Community tab for more stories on the economy.
► Listen to our podcasts:
► Follow us on Instagram:’

Articles You May Like

Jute is considered one of India’s most important crops. #Jute #India #JuteMats
Riverford: UK business needs long-term policies and stability | FT Food Revolution
Life beyond Netflix: What you should know about the new wave in streaming
Into the Heart of the Amazon | FT Rethink
Africa’s Plan to Bring Chocolate Profits Home

Leave a Reply

Your email address will not be published. Required fields are marked *