Blackburn-born Issa brothers have billions of pounds worth of debt
Billionaire brothers Mohin and Zuber Issa have sold parts of their empire in order to combat piling debt.
The new owner is expected to retain the same employees at the stores, under the trade of Minit Mart and Certified Oil banners. The Retail Gazette reports that this is the latest group of assets that have been sold by the Issa brothers.Billions of pounds worth of debt that the brothers are currently experiencing has been built up from their retail empire expansion. The Telegraph estimates that the EG Group's debts stood at around $9.67bn at the end of 2022, based on company accounts.
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