Two billionaire brothers raised in a terraced house in Blackburn are on the brink of buying supermarket giant Asda. Self-made tycoons Mohsin and Zuber Issa are part of an expected £6.5billion takeover of Britain’s third biggest grocer.
An announcement could be made as early as this week. It would cap a remarkable rise for the brothers whose mother and father came to Britain from India in the 1960s with little to their name.
Mohsin, 49, and Zuber, 48, started out in a garage which their dad, who had worked in a woollen mill, bought. They branched out on their own, first renting a petrol station for two years, then in 2001 buying their first forecourt, a derelict freehold site in Bury, and formed Euro Garages.
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