The Issa brothers' EG Group has agreed to sell 27 petrol filling stations to Park Garage Group to address the concerns of Britain's competition regulator relating to the brothers' acquisition of British supermarket Asda.
Bahrain-based Investcorp aims to more than double its private equity investments in India over the next few years and is currently looking to raise new capital for online retailer FreshToHome, in which it invested last year, an executive said.
Clayton, Dubilier & Rice (CD&R) has won the auction for Morrisons with a 7 billion pound ($9.5 billion) bid, paving the way for the U.S. private equity firm to take control of Britain's fourth-biggest supermarket group.