Asda takeover may force billionaire brothers to sell 50 petrol stations
The mergers watchdog has warned that the £6.8bn takeover of Asda by the billionaire Issa brothers could push prices up at the pump and demanded extra assurances to prevent a full-blown investigation. The Competition and Markets Authority’s probe identified 36 areas across the UK where the tie-up could lead to higher prices for motorists. EG…