Top
image credit: Pexels

EG Group could be sold for $15 billion

September 10, 2021

Convenience store and petrol station giant EG Group may be up for sale with a price tag of £10.8 billion ($15B), reports The Times.

EG is backed by private equity firm TDR Capital and the billionaire Issa brothers. It has grown through a series of acquisitions and now has about 6,000 sites in countries including the UK, United States, France, Italy, the Netherlands and Australia.

The group is in early stage talks with advisers about the plans, and EG might explore a stock market listing.

Read More on PetrolPlaza