Asda brothers snap up fast food chain Leon in £100m deal

The billionaire brothers who own supermarket giant Asda have struck a secret deal to snap up fast food chain Leon for up to £100million.
Mohsin and Zuber Issa are understood to have agreed to buy the business, co-founded by Boris Johnson’s food tsar Henry Dimbleby, in the early hours yesterday.
The Mail on Sunday understands that Leon chief executive and co-founder John Vincent has signed the deal off and is preparing to issue an announcement to staff tomorrow.
Sold: Leon has 70 restaurants across the UK and mainland Europe
Sources said Leon’s 70 restaurants across the UK and mainland Europe have been sold to the Issa brothers’ giant petrol forecourt business EG Group for between £80million and £100million.

Related Keywords

Norway ,Netherlands ,United Kingdom ,Manchester ,Switzerland ,London ,City Of ,John Vincent ,Zuber Issa ,Allegra Mcevedy ,Gran Canaria ,Henry Dimbleby ,Boris Johnson ,Marks Spencer ,Ocado ,Eg Group ,Topshop ,Lord Rose ,Active Partners ,Spice Private ,Dailymail ,Mo Ney ,Moneymarkets ,நோர்வே ,நெதர்லாந்து ,ஒன்றுபட்டது கிஂக்டம் ,மான்செஸ்டர் ,சுவிட்சர்லாந்து ,லண்டன் ,நகரம் ஆஃப் ,ஜான் வின்சென்ட் ,ஜுபேர் வழங்கல் ,போரிஸ் ஜான்சன் ,மதிப்பெண்கள் ஸ்பென்சர் ,எ.கா. குழு ,ஆண்டவர் உயர்ந்தது ,செயலில் கூட்டாளர்கள் ,