Grocery

Issa brothers’ EG Group in £12bn merger talks with Couche-Tard

By 3 May 2022

Couche-Tard store, Montreal

EG Group, the petrol forecourt giant operated by Asda owners the Issa brothers, is reportedly in talks to merge with Canadian c-store titan Couche-Tard.

Couche-Tard, which runs more than 15,000 convenience stores in countries including the US, Canada, Mexico, China and Japan, has been in discussions with EG over a deal that would value the business at around $16bn (£12.7bn), including debt.

 

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