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:
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- RBI: Announces Election of Directors [CA] Mon 06-10
- Campbell: Reports Third-Quarter Fiscal 2024 Results [US] Sat 06-08
- Nissin Foods: announces FY-2023 financial results [JP] Sat 06-08
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