TDR Capital LLP and Issa Brothers’s £6.8 Billion Acquisition Of A Majority Stake In ASDA from Walmart

Charles Russell Speechlys, Skadden and Latham and Watkins has advised TDR Capital LLP and the Issa brothers on the deal.

TDR Capital LLP and the Issa brothers acquired a majority stake in ASDA from Walmart for an enterprise value of £6.8bn and the financing of that acquisition.

Asda Stores Ltd. is a British supermarket chain. It is headquartered in Leeds, England.

The team, led by Lee Medlock (Picture) and Mark White, carried out due diligence on the ASDA property portfolio, whilst working alongside Skadden on the corporate elements of the deal and Latham and Watkins on the financing aspects.

Involved fees earner: Lee Medlock – Charles Russell Speechlys; Mark White – Charles Russell Speechlys;

Law Firms: Charles Russell Speechlys;

Clients: Issa? Mohsin; Issa? Zuber; TDR Capital LLP;

Author: Federica Tiefenthaler