All the updated news related to tdr capital

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City

Co-op strikes £600m deal to sell petrol stations to Asda to help boost finances

The Co-operative Group has agreed a £600 million deal to sell its petrol forecourt business to supermarket giant Asda in the latest move to bolster its finances. The sale will see 5% of Co-op’s entire retail estate – including 129 petrol stations ...

31 Aug 2022 at 12:32

City

Asda owners insist chain had no ‘strategy’ to profit from higher fuel prices

The co-owners of Asda have insisted the grocery chain did not intend to make a bigger profit on fuel prices, after an investigation last year found it had bumped up fuel margins during the cost-of-living crisis. Bosses also doubled down on ...

09 Jan 2024 at 13:31

City

Own-brand goods help Asda grow revenue by 9.6%

Supermarket giant Asda said it had benefited from its own-brand goods as customers tried to find cheaper alternatives during the cost-of-living crisis. The business reported a 9.6% hike in like-for-like sales in the three months to the ...

15 Aug 2023 at 16:38

City

Popeyes plans more UK restaurants as it reaches 100 sites

Chicken chain Popeyes has said it plans to keep launching new stores at pace across the UK ahead of the opening of its 100th restaurant. The US-founded chain launched in the UK in 2021 but has rapidly grown on the back of soaring ...

17 Nov 2025 at 00:01

City

Asda targets 300 new convenience stores creating 10,000 jobs

Asda has laid out an ambitious expansion plan for its new convenience store business which will create 300 stores and around 10,000 jobs over the next four years. It came as the supermarket group opened its second Asda Express ...

06 Dec 2022 at 13:12

City

Asda ‘in £450m bid for Co-op’s petrol stations’

Supermarket giant Asda has reportedly emerged as the frontrunner in the bid to take over the Co-op Group’s petrol stations for £450 million. The chain is in talks to buy the business as it prepares to move further into the ...

30 Aug 2022 at 11:53

City

Zuber Issa sells 22.5% stake in Asda to private equity group TDR Capital

Zuber Issa has sold his stake in Asda to the supermarket chain’s private equity backer TDR Capital. The sale brings TDR Capital’s share in the supermarket group to 67.5%, while 22.5% is still owned by Zuber’s brother, ...

07 Jun 2024 at 12:27

City

Former Asda boss Roger Burnley appointed director at M&S

Former Asda boss Roger Burnley is to join the board of Marks & Spencer. He will become a non-executive director of the high street giant from December 1, the company told shareholders on Thursday. The retail veteran ...

30 Oct 2025 at 13:30

City

Asda plans to outsource George.com delivery in move impacting 1,200 staff

Supermarket giant Asda is planning to outsource delivery for online orders of its George clothing brand in a move impacting around 1,200 workers. The private-equity owned chain confirmed proposals to shift ...

20 Jan 2026 at 16:11

City

Asda boss Allan Leighton says ‘plenty to do’ in turnaround as sales fall

The boss of Asda has said the supermarket giant still has “plenty to do” in its turnaround after revealing a slump in sales and earnings over the past year. The UK’s third largest supermarket chain ...

27 Mar 2026 at 14:01

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