Asda’s billionaire owners close in on Caffe Nero takeover

Asda’s billionaire owners close in on Caffe Nero takeover

The billionaire brothers behind Asda are said to be closing in on a takeover deal for Caffe Nero after buying up the ailing coffee chain’s debts. Mohsin and Zuber Issa have bought roughly £140m of loans from Swiss private equity firm Partners Group via investment bank...