TDR Capital news and archive

TDR Capital becomes majority shareholder with 67.5 percent stake in Asda

Funds managed by TDR Capital, a UK-based private equity firm, have acquired Zuber Issa’s shares in Asda. Mohsin Issa remains a co-owner in Asda alongside TDR Capital. The company said in a release that TDR Capital now owns 67.5 percent of Asda with 22.5 percent owned by Mohsin Issa and 10 percent by Walmart Inc. The transaction is set to...

Business

Walmart sells Asda in 6.8 billion pound deal

British supermarket giant Asda has been sold by Walmart to two billionaire brothers and private equity firm TDR Capital in a 6.8 billion pound (8.8 billion dollar) deal. Under the new ownership structure, Mohsin and Zuber Issa and TDR Capital have acquired a majority ownership stake in the retailer, while Walmart will retain an equity investment...

Business

TDR Capital to acquire NKD from OpCapita

OpCapita Consumer Opportunities Fund LP, under OpCapita LLP has announced the sale of its portfolio company NKD to funds advised by TDR Capital, according to a statement on the company’s website. Headquartered in Bindlach, Germany, NKD is a discount clothing retailer and operates a chain of 1,800 small-format stores across Germany, Austria,...