Asda owners, the Issa brothers plotting Subway takeover

BizAsia Correspondent



Asda owners, the Issa brothers, are reportedly eyeing up a potential takeover of major fast food chain Subway.

The possible takeover of the worldwide sandwich chain could cost the brothers around £8billion.

The brothers, Mohsin, 51, and Zuber Issa, 50, have built quite a name for themselves over the last 20 years after founding the company EG Group. They have built a name for themselves in the retail and hospitality world having recently purchased well-known chains such as Asda and the fast food chain Leon.

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