Asda’s $1 Billion Deal to Sell Petrol Forecourts to EG Group Terminated

Shoppers walk past the supermarket Asda, in Leeds, England, on Oct. 19, 2020. Molly Darlington/Reuters

LONDON—Asda, the British supermarket chain, and EG Group have terminated a deal that would have seen EG buy Asda’s petrol forecourts for 750 million pounds ($1.03 billion), the two companies said on Monday.

Both Asda and EG are owned by Zuber and Mohsin Issa and private equity group TDR Capital.